Multiple Choice
The Leontief paradox:
A) Was applied to the product life cycle theory
B) Suggested that the U.S.exports labor-intensive goods
C) Found that national income differences underlie world trade patterns
D) Implied that diseconomies of scale occur at low output levels
Correct Answer:
Verified
Correct Answer:
Verified
Q53: Which of the following best applies to
Q55: If jetliners are a capital-intensive product for
Q57: Assume the cost of transporting autos from
Q58: Legislation requiring domestic manufacturers to install pollution
Q60: Critics maintain that labor unions can stifle
Q61: Expanding trade or technological improvements<br>A) Increases the
Q84: Empirical testing by Wassily Leontief gave support
Q115: The existence of transportation costs tends to
Q116: The Leontief Paradox was the first major
Q117: Brazil is labor abundant relative to Germany