His most important essay, inspired by a Knut Wicksell review, argued that factor endowments play a key role in creating comparative advantage, and thus protection was inferior to free trade.
His most important essay, inspired by a Knut Wicksell review, argued that factor endowments play a key role in creating comparative advantage, and thus protection was inferior to free trade. In addition to "The Effect of Foreign Trade on the Distribution of Income," his works include a 1907 dissertation on the contribution of railroads to his country's economic growth, an "economic interpretation" of Napoleon's continental system, and a massive study of mercantilism. For 10 points, name this Swedish economist who gave his name to a model of international trade along with Bertil Ohlin.
His most important essay, inspired by a Knut Wicksell review, argued that factor endowments play a key role in creating comparative advantage, and thus protection was inferior to free trade.
Eli {Heckscher}