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International Trade Theories by Mind Map: International Trade Theories
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International Trade Theories

Heckscher Ohlin Theory

H-O Theorem

Factor-Price Equalization

Empirical Test - Leontief's Paradox

Product Life Cycle

Development & Intro

Trading

Standardized

Product Differentiation

Sim. products same industry/ trade group

Intra-industry trade

Economy of Scale

Productive relationships

Transportation Cost

Def. Incurred in Transit

Invalidate Comparative Advantage

Adv.

Environmental Standards

Acceptable level of Pollution

High

Low