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The "Leontief Paradox" Refers to the Empirical Finding Obtained by Wassily

Question 2

Multiple Choice

The "Leontief paradox" refers to the empirical finding obtained by Wassily Leontief that, even though the United States was generally thought to be a relatively __________ country, it was found to be __________.


A) capital-abundant; exporting relatively labor-intensive goods and importing
Relatively capital-intensive goods
B) labor-abundant; exporting relatively capital-intensive goods and importing
Relatively labor-intensive goods
C) skilled-labor-abundant; exporting relatively unskilled-labor-intensive goods
And importing relatively skilled-labor-intensive goods
D) capital-abundant; exporting relatively skilled-labor-intensive goods and
Importing relatively unskilled-labor-intensive goods

Correct Answer:

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