True/False
In 1954, Wassily Leontief provided empirical evidence showing that the United States- pattern of trade was inconsistent with the Heckscher-Ohlin theorem.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: A production strategy in which one organization
Q2: Factor price equalization can occur even if
Q4: Watches are relatively capital intensive in their
Q5: A strategy in which one organization hires
Q6: The magnification principle holds that a change
Q7: According to the Stolper-Samuelson theorem, free trade
Q8: The good that uses more capital in
Q9: The Heckscher-Ohlin theorem is consistently supported by
Q10: Economic growth spurred by either a technological
Q11: Switzerland produces both watches and chocolate. Watches