UBC Heckscher Ohlin Model US and China Human Capital Questions Response

• Consider a Heckscher-Ohlin (H-O) model in which the two countries are the United States (USA) and China (CHN); the two factors of production are skilled labor or “human capital” (H) and ordinary labor (L), which receive wages W_H and W_L; the two goods are jet airplanes (A) and electronic devices (E). You may assume that USA is skilled-labor (H) abundant.
  • Draw the relative demand (RD) for skilled labor curves for the two goods (Hint: put relative factor supplies H/L on the horizontal axis, and the relative wage W_H/W_L on the vertical axis). Which one is further to the right, RD for airplanes (A) or electron­ics (E)?

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