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Topical Terminology > Unit Labor Requirement



1 Definition

Unit Labor Requirement

For Unit Labor Requirement we have a term and definition in International Economics.



Unit Labor Requirement (International Economics)

The amount of labor used per unit of output in an industry; the ratio of labor to output. In a Heckscher-Ohlin Model this varies along an isoquant as different techniques are chosen in response to different factor prices. But in a Ricardian model, these are the constant building blocks for defining comparative advantage and determining behavior.




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