Answer / parul arora

This theory was propounded by Eli-heckscher(1879-1952) and
later refined by Swedish economist Bertil Ohlin(1899-1979)
in 1933.
Acoording to Ohlin, the differences in the factor prices
are due to the differences in the factor endowments in
different countries and the differences in production
functions for different commodities. Hence Ohlin's theory
can be called factor endowment theory.

ASSUMPTIONS OF THEORY
1.There are 2 countries or regions say X and Y, each having
a free papre currency of producing any two commodities.
2. There are 2 factors of production i.e. labour and
capital.
3. the factors of production are fully mobilewithin each
region of a country while they are rtelatively immobile in
between any two regions or two countries.
4. Competition in all markets.
5. Each factor is fully employed in each country with or
without trade.
6. There are no transportation of information costs.
7. There are no imposed tarrifs or other barriers to trade.
8. All production functions are lineally homogeneous.
9. All production functions are immune to factor intensity
reversals.
10. Both countries produce both goods with or without trade.

the lean supply chain process at toyota Motor Corporation follow the practice of having only two to four supplier partner per component.what is the effect of this on toyota motor corporation ?

2 Answers  

---

What is RPS price?

0 Answers   Reliance,

---

2. What do you mean by Balance of Payments? Explain the relationship between the balance of payments and the exchange rates of a country, giving suitable illustrations in support of your answer.

4 Answers  

---

1. What is Kitting? 2. What is Bin location? 3. What is the diff between Inside Sales person and Outside Sales person?

0 Answers  

---

What is MSE certificate?, It is certified by CA or not, Please clarify this.

1 Answers   Bhel,

---

What is logistics? List about what is work of logistics supervisor?

0 Answers  

---

I NEED TO LEARN MORE ABOUT THE IMPORTS & EXPORTS, KINDLY PROVIDE ME THE GOOD SITES TO LEARN

0 Answers  

---

why JRS Iron and Steel Pvt. Ltd. is the go-to choice for Hollow Section Dealers.

1 Answers  

---

We are Storage tank Fabricator having SSI unit.Whether we are liable to pay Service tax or not. If yes then what is the exemption for us?

0 Answers  

---

What are the most common sources for cGMP

0 Answers  

---

Tell us about the most difficult negotiation that you've participated in. What was your role? How did you influence the success or failure of the negotiations?

0 Answers  

---

What does oem mean & who is an oem?

0 Answers  

---