Multiple Choice
Initial empirical tests of the factor-proportions theory of international trade showed that U.S. exports tended to be labor intensive. This perverse empirical result is known as:
A) Krugman's puzzle.
B) Ricardo's problem.
C) Adam Smith's dilemma.
D) the Leontief Paradox.
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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