THE EFFECTS OF THE COSTS NATURE ON THE FACTOR PRICE EQUALIZATION
The effect of the world trade on the formation of prices for factors of production was studied. The purpose of the paper is revealing of cases where the conclusions of the well-known Stolper – Samuelson Factor Price Equalization Theorem (FPET) are true in countries – members of the world trade. The study in the dependence of conditions for the factor price equalization on the nature of appropriate costs functions – the costs related to the production of commodities was conducted. It is shown that the coincidence of the costs functions in various countries is one of the prerequisites of the factor price equalization. In situations when countries have different costs functions or are united in leagues trading at special prices it is determined that the countries can be divided into groups in which trends of complying with provisions of the FPET will be observed. Special cases are also shown when the countries are observed to have similar costs and the factor prices are different. Those cases are associated with features of the costs functions. Here the situation with the compliance with the provisions of the FPET is unclear.