Which award did Bertil Ohlin receive in 1977?
Pulitzer Prize
Nobel Peace Prize
Nobel Memorial Prize in Economic Sciences
Booker Prize
Answer
Bertil Ohlin won the Nobel Memorial Prize in Economic Sciences in 1977 for his contributions to international trade theory. He is best known for his Heckscher–Ohlin model, which explains how the international trade of goods and services is determined by the relative abundance of factors of production in different countries.
The Ohlin Odyssey: An Engaging English Quiz on the Life and Contributions of Bertil Ohlin
More Questions
What standard model of international free trade is Ohlin associated with?
What institution did Ohlin serve as a president of in 1959 and 1964?
With whom did he share the Nobel Prize in 1977?
When did Ohlin serve as the leader of the People's Party?
Which economic discipline was Bertil Ohlin most known for?
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