'Free factor mobility' diaporamas de présentation

The European Economic Space

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COMMON MARKET THEORY

COMMON MARKET THEORY . Lecture outline Ref com mkt oct08. Introduction. If add free movement of all F of P to CU, result is common market (CM) So far assumed F of P immobile within CU & RoW EU more than a CU This is one theory that underlies the single (internal) market.

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Chapter 9 3) The Specific-Factors Model (SFM)

Chapter 9 3) The Specific-Factors Model (SFM). The Heckscher-Ohlin Assumption. It is important to understand that the H-O assumption of free factor mobility between industries describes a state at which an economy can arrive in the long run.

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