Multiple Choice
If demand reversal is the explanation for the Leontief paradox, this would imply that the demand by the United States for labor-intensive goods is relatively __________ and therefore that U.S. wages would be relatively __________ in comparison to wages in U.S. trading partners.
A) low; low
B) low; high
C) high; low
D) high; high
Correct Answer:
Verified
Correct Answer:
Verified
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