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 Distribu
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}