The Heckscher-Ohlin-Samuelson (HOS) Theorem

The Heckscher-Ohlin-Samuelson (HOS) Theorem is a fundamental theory in international trade and economics that builds on the classical theories of trade. It originates from the work of Swedish economists Eli Heckscher and Bertil Ohlin and was further developed by American economist Paul Samuelson.

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