This has made products cheaper for the average American
Economists Eli Heckscher (1879-1952) and Bertil Ohlin (1899-1979) died more than three decades ago. But it's fair to assume that neither would have been surprised by the underlying causes of Donald Trump's election as president of the United States, or Brexit for that matter. afabet Situs Slot Online Their Heckscher-Ohlin (H-O) style of international trade - developed at the Stokholm School of Economics in the 1930s - clearly predicted today's middle-class discontent bellowing at the ballot box. The two Swedes recognised the simpel but too-often-overlooked soft underbelly of global trade and growth: prosperity doesn't distribute evenly. And workers in bustling ekspor industries keuntungan at the expense of those who face foreign competition. Inherent inequality Eli Heckscher's work predicted today's middle-class discontent bellowing at the ballot box. Slarre lewat Wikimedia Commons Building on the H-O style, academic economist Branko Milanovic has described in