Question

Making reference to Heckscher-Ohlin and strategic trade theory make a case for Brexit

Answer 1

Heckscher Ohlin models depends on trade where it has to be observed that iBrexit can be explained using this model through the difference in the factor endowments that have been in use on the basis of trademarks. To maximise the development, it can be mentioned that UK could retain free trade agreement both with the Carribbean as well as the FTA countries. Also tariff free imports of agricultural products from the developing countries can be considered as a sensible move when it is compared to the trade theory to make a case for Brexit