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of England. Of course the natural differences israel escort Ramat-Gan erotic massage call girl private models escorts in independent girls body service bdsm backpage sensual parlor sex best tlv prostitution prostitutes club escorte israeli in shdod massages incall hookers parlour outcall erotique banana prostitute tranny au tel grils agencies asian allenby full places to parlors parlours guide excort agency se cheap relax sexy vip isra gay clubs israelian russian nightlife hooker israele ts israely izrael isreal busty price isral jewish big boobs baby dolls strip en easy babes brothels israle  israelis tit israil tease fuck female a women isreali in many cases could not be the basis of the absolute advantages of exporters selling goods to neighboring countries. Adam Smith notices this fact and indicates that along with the natural advantages there are also benefits gained In this case it does not matter whether those benefits however has one country compared to another natural or acquired. Since the country has the advantage and the other is deprived of them for the last will always be more profitable to buy from the first and not produce itself. The advantage

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enjoyed by an artisan in front of their neighbors involved in other professions is acquired and however both he and they find it more profitable to buy from each other instead of producing items are not in their field. Eventually replace the model of Adam Smith came model David Ricardo David Ricardo who formulated a general principle of mutually beneficial trade and international specialization which includes as a special case of the model of Adam Smith. Ricardo saw a certain specificity of international economic relations and created a model which showed that the

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failure to comply with the principle of Adam Smith is not an obstacle to fair trade. Ricardo discovered the law of comparative advantage comparative advantage The country should specialize in the export of goods in the production of which it has the greatest absolute advantage if it has an absolute advantage in both goods or an absolute minimum nepreimuschestvo if it has no absolute advantage for one of the products. He leads become a textbook example of the exchange of English cloth in the Portuguese wine which brings benefits to both countries even if in

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Portugal the absolute costs of production and cloth and wine are lower than in England. The baseline for this example are presented in Table .Table  according to the example of the production of a certain number n of cloth in England  requires labor workers annually. For a given amount of cloth England acquires a m the number of Portuguese wine own production of which  workers a year would require labor. Under these circumstances the UK proves advantageous to buy from the Portuguese wine by selling her cloth. To produce the same goods Portugal spends

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labor respectively  and  people a year so that it is advantageous to import cloth in exchange for wine. Nonequivalent labor exchange  British workers to work  Portuguese workers explained Ricardo difficulty of movement of factors of production between countries.According to the model Ricardo Portugal has an absolute advantage over England in the production of both commodities but Portugal has a comparative advantage in the production of wine because s required to produce  of the wine  *  England costs and for the production of cloth    * . Hence for

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Portugal is more profitable to produce and export wine but for England  cloth.Ricardo and his model assumes specified amount of goods produced wine and cloth and considering the differences in working time spent on their production. Subsequently this approach has interpreted differently based on the concept of opportunity cost. In accordance with this approach the number of resources assumed to be given available in the country. We illustrate the principle of comparative advantage from this position. To begin with let us leave some initial conditions of Ricardos

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example there are two countries England and Portugal and two goods cloth and wine. Let in the UK for the production of  sq. m cloth need  hours of work and for the production of  liter of wine   hours. The total number of working hours which is located in England this year   thousand. Thus in England it can be produced either  sq. m cloth  thousand. h.   hr. or  liters of wine  thousand. h.   hr. or any combination of these products in this range.Portugal also has a number of working hours in  thousand. In the production of  sq. m cloth she needs  hours and  liter of wine for the

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production   hours. Thus in Portugal can be made either in  square meters. m cloth  thousand. h.   thousand. h. or  liters of wine  thousand. hr.   hr. or any combination of these products in this range.In England  sq. m cloth is approximately  liter of wine. In Portugal the Q. m cloth is approximately  liter of wine. These relative prices exist in the absence of trade between England and Portugal and are therefore called inwardlooking. Setting aside the transport costs and assume that there are no barriers to trade between the two countries Britain will sell in

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Portugal cloth which in England relative price is lower than in Portugal and Portugal will sell in England wine the relative price of which in Portugal below .This trade will affect the relative prices of the goods in such a way that instead of the two different prices closed markets gradually establish a single world price. For example the world price of  square. m cloth be set in a range between  and  liter of wine. Let this price will be equal to say  t.e At this price the cloth will be sold in England and Portugal. In England wine producers will receive less income than before and

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manufacturers of cloth  more. The consequence will be the reduction of wine production and the growth of cloth production. The opposite situation will take place in Portugal. Thus England will specialize in the export of cloth and Portugal  the wine.. Heckscher  Ohlin The theory of David Ricardo actually flowed from the then existing differences in the costs of production of certain goods in different countries depend overwhelmingly on differences in natural conditions. At the end of HIHv.  Early XXcen. there have been structural changes in international

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trade. In  industrial products accounted for about  of world exports while raw materials and semifinished products   and food  . This suggests that the role of natural differences as a factor in the international division of labor has declined substantially. The same can be said about the differences in labor productivity as trade between countries with similar levels of development the United States and European countries has been active enough.At this time the Swedish economists Eli Heckscher Eli Heckscher and Bertil Ohlin Bertil Ohlin advanced the theory according

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to which attempted to explain the reasons for international trade in manufactures.The main provisions of the new theory were formulated by E. Heckscher in a short newspaper article published in  in the Swedish language. In the s and s these provisions have been compiled and developed by his pupil B. Olin.According to their theory the countrys export those goods in the production of which more than likely used the excess factor. Three main factors labor capital and land. However the HeckscherOhlin theory is twofactor since it compares only two of the three factors such

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as labor and capital. Thus some goods are labor intensive and others  capital intensive. It can be quite logical to assume that different countries to varying degrees endowed with capital and labor. Therefore in a country where a lot of manpower capital and little labor is relatively cheap and capital  roads. In any other country where the labor force is small and the capital available in sufficient quantities the work will be expensive and the capital  cheaper. Each of these countries will export those goods that are relatively cheaper to produce using more cheap factor of

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production.In  he published an article by the American economist Wassily Leontief Wassily Leontief where an attempt to test the theory of HeckscherOhlin model was made.. Leontief paradox All that we know today about the factors that form the export and import of the leading countries is the result of research which served as the impetus for the unexpected results obtained in the  years of Wassily Leontief and gave the start of a series of fruitful discussions. Leontiev subsequently awarded the Nobel Prize in economics has relied on the surest of instincts in

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science always check whether the theoretical findings of reality.This time he decided to test the theory conclusion Heckscher  Ohlin that countries tend to export goods in the manufacture of which are used intensively for them redundant factors and import products in the manufacture of which these factors are used less intensively. Specifically he wanted to simultaneously test two assumptions  the theory of Heckscher  Ohlin holds  in the US economy widely considered to be capital are more redundant than that of its trading partners.Leontyev received the amount of equity israel escort Ramat-Gan erotic massage call girl private models escorts in independent girls body service bdsm backpage sensual parlor sex best tlv prostitution prostitutes club escorte israeli in shdod massages incall hookers parlour outcall erotique banana prostitute tranny au tel grils agencies asian allenby full places to parlors parlours guide excort agency se cheap relax sexy vip isra gay clubs israelian russian nightlife hooker israele ts israely izrael isreal busty price isral jewish big boobs baby dolls strip en easy babes brothels israle  israelis tit israil tease fuck female a women isreali

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