I am just wondering whether not achieving FPE is good for world trade. My reason being that is that international trade keeps expanding until complete FPE is achieved, according to the Heckscher-Ohlin model. This means more trading so global economic growth keeps increasing so having positive chain reaction effect on the world right? I am thinking in the real-world as clearly some of the assumptions of the HO model do not hold in the real-world.
Edit: any links to good reading materials on this topic?