Explain factor-price structures considering the Hecksher-Ohlin (H-O) model.
International Trade Theories
Comparative advantage influences international trade patterns. Countries are constantly trying to achieve and/or maintain it. However, the determinants of a country’s comparative advantage are numerous. In a critical essay, please:
Explain factor-price structures considering the Hecksher-Ohlin (H-O) model.
Appraise the challenges that may be encountered by a developing versus a developed nation.
Analyze in which commodities, other than oil, will the Kingdom of Saudi Arabia have a comparative advantage according to the H-O model, after the Saudi Vision 2030 is fully implemented?
Directions:
Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.
Use Saudi Electronic University academic writing standards and follow APA style guidelines.
It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin – Student Guide for step-by-step instructions.
Directly quoted material should be cited to page number or paragraph number of where the quotation was found. Keep in mind that only 15-20% of your paper can be quoted (i.e., one quote per page).
Block formatting is required for quotes of 40 words or more. For a block quote, indent entire quote 5 space to the right or 1/2 inch, do not use quotation marks, and place the period at the end of the quote, not the citation.
Plagiarism: Plagiarism is NOT tolerated. All assignments will be auto checked for plagiarism. If you are found to have more than 25% similarity with previous work, you will be graded zero in your assignment. Repeating such offense could result in your termination. Review the grading rubric (Attached) to see how you will be graded for this assignment.
Recommended: Chapter 3 in International EconomicsAlkhathlan (Attached)
K., Alkhateeb, T., Mahmood, H., & Bindabel, W. (2020). Concentration of oil sector or diversification in Saudi economy: consequences on growth sustainability. Entrepreneurship and Sustainability Issues, 7(4), 3369-3384. https://jssidoi.org/jesi/uploads/articles/28/Alkhathlan_Concentration_of_oil_sector_or_diversification_in_Saudi_economy_consequences_on_growth_sustainability.pdf
Devarajan, S. (2020). Has globalization gone too far- or not far enough?Georgetown Journal of International Affairs, 21, 114-119. https://muse.jhu.edu/article/766379/pdf
Haque, M. (2020). Assessing the progress of exports diversification in Saudi Arabia: growth-share matrix approach. Problems and Perspectives in Management, 18(3), 118-128. https://doi-org.sdl.idm.oclc.org/10.21511/ppm.18(3).2020.10
Requirements:
CT_Rubric_8080 Points Levels of AchievementCriteriaExceeds ExpectationMeets ExpectationSome ExpectationsUnsatisfactoryContent 28 to 30 pointsDemonstratessubstantial andextensive knowledge ofthe materials, with noerrors or majoromissions.25 to 27 pointsDemonstrates adequateknowledge of thematerials; may includesome minor errors oromissions.22 to 24 pointsDemonstrates fair knowledgeof the materials and/orincludes some major errors oromissions.0 to 21 pointsFails to demonstrateknowledge of thematerials and/orincludes many majorerrors or omissions.Analysis 33 to 35 pointsProvides strongthought, insight, andanalysis of conceptsand applications.29 to 32 pointsProvides adequatethought, insight, andanalysis of concepts andapplications.26 to 28 pointsProvides poor though, insight,and analysis of concepts andapplications.0 to 25 pointsProvides little or nothought, insight, andanalysis of conceptsand applications.Sources 10 to 10 pointsSources go above andbeyond requiredcriteria and are wellchosen to provideeective substance andperspectives on theissue underexamination.8 to 9 pointsSources meet requiredcriteria and are adequatelychosen to providesubstance andperspectives on the issueunder examination.7 to 7 pointsSources meet required criteriabut are poorly chosen toprovide substance andperspectives on the issueunder examination.0 to 6 pointsSource selection andintegration ofknowledge from thecourse is clearlydecient.Demonstrates college-level prociency inorganization, grammar and style. 5 to 5 pointsProject is clearlyorganized, well written,and in proper formatas outlined in theassignment. Strongsentence andparagraph structure,contains no errors ingrammar, spelling, APAstyle, or APA citationsand references.4 to 4 pointsProject is fairly wellorganized and written andis in proper format asoutlined in theassignment. Reasonablygood sentence andparagraph structure, mayinclude a few minor errorsin grammar, spelling, APAstyle, or APA citations andreferences.3 to 3 pointsProject is poorly organizedand written and may notfollow proper format asoutlined in the assignment.Inconsistent to inadequatesentence and paragraphdevelopment, and/or includesnumerous or major errors ingrammar, spelling, APA styleor APA citations andreferences.0 to 2 pointsProject is notorganized or wellwritten and is not inproper format asoutlined in theassignment. Poorquality work;unacceptable interms of grammar,spelling, APA style,and APA citations andreferences. NameDescriptionRubric DetailView Associated ItemsPrintClose Window
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