The Rybczynski Theorem
- Title:
- The Rybczynski Theorem
- Description:
-
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This video cover the Rybczynski Theorem, which asks: what happens if a factor of production increases in one country? Under some assumptions, the theorem hypothesizes that if labor migrates into a country, output and exports of the labor-intensive sector will go up. Also, output and exports of the capital-intensive sector will go down. This video also discusses how this theorem can be applied to real-world situations.
http://mruniversity.com/courses/international-trade-coming-soon/rybczynski-theorem - Video Language:
- English
- Duration:
- 06:52
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Debbie Tinez edited Spanish, Mexican subtitles for The Rybczynski Theorem | |
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MRUniversity added a video: The Rybczynski Theorem |