Solved

Leontief's Study of U.S.post­World War II Trade Concluded

Question 126

Multiple Choice

Leontief's study of U.S.post­World War II trade concluded
That the:


A) United States did not gain from trade.
B) United States exported labor­intensive goods
C) HO model did not explain trade between Europe and the United States.
D) United States exported capital­intensive goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q76: The PPF of a country will be

Q121: The Stolper­Samuelson theorem suggests that, over time,<br>Free

Q122: As trade occurs, increased imports will force

Q123: Which of the following statements is CORRECT?<br>A)The

Q125: Leontief discovered a "paradox" in his test

Q127: Malaysia is relatively abundant in labor, whereas

Q128: Wages generally:<br>A)are higher in labor­abundant countries than

Q129: What was "paradoxical" about Leontief's test of

Q130: The international equilibrium price (or world price)

Q131: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7261/.jpg" alt=" (Table: Capital Intensity