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QUESTION
The educational level in all EU nations is rising. How would this affect the spatial allocation of production in the Heckscher-Ohlin framework?
The educational level in all EU nations is rising. How would this affect the spatial allocation of production in the Heckscher-Ohlin framework?
HECKSCHER–OHLIN (H-O) MODELEducation and Trade play a positive role on macroeconomic growth, of a county.Specialization and Economies of Scale tend to increase with the extent of the market,...