Models of Intra-Industry Trade | International Trade | Economics
List of models of intra-industry trade: 1. Neo-Heckscher-Ohlin Model 2. Neo Chamberlinian Models 3. Neo Hotelling Models. 1. Neo-Heckscher-Ohlin Model: The original H-O theory of international trade is not capable of explaining the intra-industry trade. Some writers have still made attempts to explain the intra-industry trade based on factor endowments by establishing link between the product specifications and the different [...]