Factor Price Equalization: Unlocking the Global Trade Enigma, Mastering Factor Price Equalization
By Fouad Sabry
()
About this ebook
What is Factor Price Equalization
Factor price equalization is an economic theory, by Paul A. Samuelson (1948), which states that the prices of identical factors of production, such as the wage rate or the rent of capital, will be equalized across countries as a result of international trade in commodities. The theorem assumes that there are two goods and two factors of production, for example capital and labour. Other key assumptions of the theorem are that each country faces the same commodity prices, because of free trade in commodities, uses the same technology for production, and produces both goods. Crucially these assumptions result in factor prices being equalized across countries without the need for factor mobility, such as migration of labor or capital flows.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Factor price equalization
Chapter 2: David Ricardo
Chapter 3: Comparative advantage
Chapter 4: Federal Reserve
Chapter 5: Transformation problem
Chapter 6: Cost-of-production theory of value
Chapter 7: Production-possibility frontier
Chapter 8: Stolper-Samuelson theorem
Chapter 9: Balassa-Samuelson effect
Chapter 10: Rybczynski theorem
Chapter 11: Heckscher-Ohlin model
Chapter 12: International economics
Chapter 13: Heckscher-Ohlin theorem
Chapter 14: Lange model
Chapter 15: International factor movements
Chapter 16: Luigi Pasinetti
Chapter 17: Factor market
Chapter 18: International trade theory
Chapter 19: Cambridge capital controversy
Chapter 20: Exploitation of labour
Chapter 21: Financial instrument
(II) Answering the public top questions about factor price equalization.
(III) Real world examples for the usage of factor price equalization in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Factor Price Equalization.
Read more from Fouad Sabry
Emerging Technologies in Materials Science
Related to Factor Price Equalization
Titles in the series (100)
Economic Agents: Unraveling the Economics of Decision-Makers, a Guide to Economic Agents Rating: 0 out of 5 stars0 ratingsRegional Economics: Mastering Regional Economics, Navigating the Heart of Prosperity Rating: 0 out of 5 stars0 ratingsExperimental Economics: Unlocking Economic Insights, a Journey Through Experimental Economics Rating: 0 out of 5 stars0 ratingsSocialist Economics: Demystifying Economic Equality, a Comprehensive Guide to Socialist Economics Rating: 0 out of 5 stars0 ratingsUrban Economics: Navigating the Urban Landscape, a Comprehensive Guide to Urban Economics Rating: 0 out of 5 stars0 ratingsMesoeconomics: Bridging Economics, Navigating Mesoeconomics for a Dynamic World Rating: 0 out of 5 stars0 ratingsScience Branches: Unlocking the Tapestry of Knowledge, a Journey Through Science Branches Rating: 0 out of 5 stars0 ratingsEconomic Production: Mastering the Art of Economic Production, Empowering Your Prosperity Rating: 0 out of 5 stars0 ratingsEconomic Goods: The Road to Economic Enlightenment, Navigating the World of Economic Goods Rating: 0 out of 5 stars0 ratingsAgricultural Economics: Harvesting Prosperity, A Journey Through Agricultural Economics Rating: 0 out of 5 stars0 ratingsAcademic Discipline: Unlocking the Power of Knowledge, a Comprehensive Guide to Academic Disciplines Rating: 0 out of 5 stars0 ratingsEconomics Austrian School: Discovering Economic Enlightenment, the Austrian School Unveiled Rating: 0 out of 5 stars0 ratingsEconomic Distribution: Mastering Economic Distribution, Navigating Wealth Allocation for a Fair World Rating: 0 out of 5 stars0 ratingsSocial Science: Unraveling the Tapestry of Society, a Comprehensive Guide to Social Science Rating: 0 out of 5 stars0 ratingsMacroeconomics: Demystifying Macroeconomics, Navigating the Global Economy Rating: 0 out of 5 stars0 ratingsEconomic Services: Unlocking the World of Economic Services, From Logistics to Innovation Rating: 0 out of 5 stars0 ratingsTony Wrigley: Illuminating the Past, Charting the Future Rating: 0 out of 5 stars0 ratingsBioeconomics: Bioeconomics, Navigating the Sustainable Future Rating: 0 out of 5 stars0 ratingsConsumer Economy: Unlocking the Power of Your Choices in the Global Marketplace Rating: 0 out of 5 stars0 ratingsRural Economics: Harvesting Prosperity, Exploring the Economics of Rural Life Rating: 0 out of 5 stars0 ratingsMicroeconomics: Mastering Microeconomics, Navigating the World of Economic Choices Rating: 0 out of 5 stars0 ratingsRegional Science: Unlocking the World of Regions, a Comprehensive Guide to Regional Science Rating: 0 out of 5 stars0 ratingsEconomic Consumption: Mastering Economic Consumption, Your Path to Informed Decision-Making Rating: 0 out of 5 stars0 ratingsSocial Psychology: Unveiling the Secrets of Social Psychology, Navigating the Human Mind in Society Rating: 0 out of 5 stars0 ratingsSocial Market Economy: Unlocking Prosperity with Compassion, a Guide to the Social Market Economy Rating: 0 out of 5 stars0 ratingsEconomic Thought Schools: Discovering Economic Thought, a Journey Through Schools and Ideas Rating: 0 out of 5 stars0 ratingsNeuroeconomics: Decoding the Mind’s Influence on Economic Choices Rating: 0 out of 5 stars0 ratingsNatural Resource Economics: Unlocking the Wealth of Our World, a Journey Into Natural Resource Economics Rating: 0 out of 5 stars0 ratingsEconomic Ideology: Unlocking the Power of Economic Ideas, a Comprehensive Guide to Economic Ideologies Rating: 0 out of 5 stars0 ratingsEconomic Ideology: Unlocking the Power of Economic Ideas, a Comprehensive Guide to Economic Ideologies Rating: 0 out of 5 stars0 ratings
Related ebooks
Trade Terms: Unlocking the World of Trade, Your Path to Economic Empowerment Rating: 0 out of 5 stars0 ratingsCommerce: Unlocking the Secrets of Commerce, Your Guide to Thriving in the Global Marketplace Rating: 0 out of 5 stars0 ratingsFactor Cost: Factor Cost Unveiled, Navigating Economics with Clarity and Confidence Rating: 0 out of 5 stars0 ratingsComparative Advantage: Unlocking Prosperity, Mastering the Art of Comparative Advantage Rating: 0 out of 5 stars0 ratingsInternationalization: Internationalization, Navigating the Global Landscape for Success Rating: 0 out of 5 stars0 ratingsPurchasing Power Parity: Unlocking the Currency Secrets, a Practical Guide to Purchasing Power Parity Rating: 0 out of 5 stars0 ratingsTrade Balance: Mastering International Trade, Navigating the Complexities of Trade Balance Rating: 0 out of 5 stars0 ratingsInternational Trade: Mastering Global Markets, Your Comprehensive Guide to International Trade Rating: 0 out of 5 stars0 ratingsCapital Intensity: Unlocking Economic Power, a Guide to Capital Intensity Rating: 0 out of 5 stars0 ratingsPrice Floor: Mastering Price Floors, Empower Your Economic Insights Rating: 0 out of 5 stars0 ratingsTrade Bloc: Unlocking Prosperity, a Comprehensive Guide to Trade Blocs Rating: 0 out of 5 stars0 ratingsTransaction Cost: Mastering Transaction Cost Economics, Navigating Markets, Decisions, and Success Rating: 0 out of 5 stars0 ratingsFree Trade: Unlocking Global Prosperity, a Journey into Free Trade Rating: 0 out of 5 stars0 ratingsTariff: The Tariff Dilemma, Navigating the Past, Present, and Future of Global Trade Rating: 0 out of 5 stars0 ratingsCost-of-Production Theory of Value: Unlocking Economic Value, Navigating the Cost-of-Production Theory Rating: 0 out of 5 stars0 ratingsTransfer Pricing: The Art, Ethics, and Economics of Global Commerce Rating: 0 out of 5 stars0 ratingsParable of The Broken Window: Unveiling Economic Wisdom, The Parable of The Broken Window Rating: 0 out of 5 stars0 ratingsComplementary Good: Unlocking Economic Insights, Mastering Complementary Goods Rating: 0 out of 5 stars0 ratingsOpen Economy: Unlocking Global Prosperity, a Comprehensive Guide to the Open Economy Rating: 0 out of 5 stars0 ratingsGlobalization: Globalization Unveiled, Navigating Our Interconnected World Rating: 0 out of 5 stars0 ratingsPrices of Production: Unveiling the Secrets of Economic Forces, a Journey into Prices of Production Rating: 0 out of 5 stars0 ratingsInternational Economics: International Economics Unveiled, Navigating the Global Marketplace Rating: 0 out of 5 stars0 ratingsSupply and Demand: Mastering Supply and Demand, Navigating the Economic Landscape Rating: 0 out of 5 stars0 ratingsCompetition: Unlocking the Power of Competition, Strategies for Success and Innovation Rating: 0 out of 5 stars0 ratingsEconomic Globalization: Understanding Economic Globalization, Navigating a World Without Borders Rating: 0 out of 5 stars0 ratingsFree Good: Unlocking the Power of Shared Knowledge and Abundance, Exploring the World of Free Goods Rating: 0 out of 5 stars0 ratingsAttention Economy: Mastering the Digital Marketplace of Attention Rating: 0 out of 5 stars0 ratingsKnowledge Economy: The Knowledge Economy, Navigating the Future of Innovation and Growth Rating: 0 out of 5 stars0 ratingsAggregate Demand: Mastering Macroeconomics, Navigating the World of Aggregate Demand Rating: 0 out of 5 stars0 ratingsOpportunity Cost: Maximizing Your Potential, Unveiling the Power of Opportunity Cost Rating: 0 out of 5 stars0 ratings
Economics For You
Capitalism and Freedom Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 4 out of 5 stars4/5Sex Trafficking: Inside the Business of Modern Slavery Rating: 4 out of 5 stars4/5Economix: How and Why Our Economy Works (and Doesn't Work), in Words and Pictures Rating: 4 out of 5 stars4/5Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions Rating: 4 out of 5 stars4/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Chip War: The Fight for the World's Most Critical Technology Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5The Affluent Society Rating: 4 out of 5 stars4/5Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist Rating: 4 out of 5 stars4/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Rating: 4 out of 5 stars4/5Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism Rating: 4 out of 5 stars4/5A People's Guide to Capitalism: An Introduction to Marxist Economics Rating: 4 out of 5 stars4/5You Can't Lie to Me: The Revolutionary Program to Supercharge Your Inner Lie Detector and Get to the Truth Rating: 4 out of 5 stars4/5Economics 101: From Consumer Behavior to Competitive Markets--Everything You Need to Know About Economics Rating: 4 out of 5 stars4/5Talking to My Daughter About the Economy: or, How Capitalism Works--and How It Fails Rating: 4 out of 5 stars4/5A History of Central Banking and the Enslavement of Mankind Rating: 5 out of 5 stars5/5This Changes Everything: Capitalism vs. The Climate Rating: 4 out of 5 stars4/5Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle Rating: 5 out of 5 stars5/5How to Be Everything: A Guide for Those Who (Still) Don't Know What They Want to Be When They Grow Up Rating: 4 out of 5 stars4/5The Hard Truth About Soft Skills: Soft Skills for Succeeding in a Hard Wor Rating: 3 out of 5 stars3/5The Peter Principle: Why Things Always Go Wrong Rating: 4 out of 5 stars4/5The Physics of Wall Street: A Brief History of Predicting the Unpredictable Rating: 4 out of 5 stars4/5
Reviews for Factor Price Equalization
0 ratings0 reviews