The Specific Factors Model in Less than 10 Minutes
Luca Macedoni
Published at : 24 Nov 2021
Published at : 24 Nov 2021
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Short clip from the course International Trade, in which all interactions with students have been removed for privacy reasons.
In this clip, we study the specific factor model of international trade, reviewing the main assumption, and representing the labor market in a simple figure. We study the effects of a change in the price of final goods on wages.
Aarhus University
HA Bachelor, 5th Semester
International Trade
Fall 2020
Music: www.bensound.com
SpecificFactorsModel
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