After watching both videos on the Heckscher-Ohlin Theorem (links below), briefly explain what the HO Theorem is about, what the limitations are, and why economists use this model to analyze trade pattern between two countries.

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After watching both videos on the Heckscher-Ohlin Theorem (links below), briefly explain what the HO Theorem is about, what the limitations are, and why economists use this model to analyze trade pattern between two countries. Additionally, research two countries and describe the trade pattern between the two countries chosen. Can you apply the HO Theorem to the trade patterns? Why or why not? LINK: Video: The Heckscher-Ohlin Theorem https://www.youtube.com/watch?v＝BkpCE-t6wO8 Video: Evidence on the Heckscher-Ohlin Theorem https://www.youtube.com/watch?v＝FL_wsy-RXq4

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