Emil G. G. Pöyhönen

Emil G. G. Pöyhönen was a Finnish engineer and economist known for developing the "Pöyhönen Model," which explains how countries benefit from international trade by specializing in products where they have a relative advantage. His model describes how countries produce certain goods more efficiently and trade to maximize mutual benefits, leading to increased economic efficiency and growth. Pöyhönen’s work helped deepen understanding of global trade patterns and the importance of comparative advantage, influencing economic theories and policies related to international commerce.