Labour Content and Structure of Pakistan’s Manufactured Exports

Publication Year : 1977

The Heckscher-Ohlin (H-O) theorem occupies a central position in the discussion of the pattern of trade between countries. According to this theorem a country should specialize in the production and export of those commodities which require more of those factors with which the country is relatively well endowed, i.e., a labour-abundant country should export labour-intensive product and a capital-abundant economy should export capital-intensive goods.

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