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Country a is better in producing products, so production based will be done in country a.
Country b is better in labor, each country has to specialize inn order to gain advantage.
Also consider price elasticity in this case.
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∙ 14y ago
The Heckscher-Ohlin theory posits that countries will export goods that require factors of production that they have in abundance and import goods that require factors of production that are scarce. This theory emphasizes the role of differences in factor endowments, such as labor and capital, in determining patterns of international trade. Countries with an abundance of one factor will export goods that are intensive in that factor and import goods that are intensive in the scarce factor.
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