Heckscher/Ohlin Model

For a country that is exposed to the international market, the user can choose different production and consumption points for two goods (cheese and wine) to optimize utility. Results are displayed in a diagram.
Based on the chosen production for one good (cheese) the simulation calculates the production of the other good (wine) and displays the result on the Production Possibility Curve.
Similar the chosen consumption combination is displayed on the Trade Line. Resulting imports, exports, and utility are calculated.  The simulation can be used to support instructors when teaching as it automatically updates the diagram and economic variables for different scenarios. Students can use the simulation as an exercise to find an optimum for different international price relations.
The simulation runs best in 1280 x 1024 resolution (currently a few other resolution setting lead to graphic problems, browser zooming usually solves the problem)

Type of Simulation: Runs directly in browser

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