Multiple Choice
The Leontief paradox refers to the empirical result that:
A) U.S. exports were more capital intensive than U.S. imports, even though the U.S. is regarded as a capital abundant country.
B) U.S. exports were more labor intensive than U.S. imports, even through the U.S. is regarded as a capital abundant country.
C) U.S. exports were more capital intensive than U.S. imports, even though the U.S. is regarded as a labor abundant country.
D) U.S. exports were more labor intensive than U.S. imports, even though the U.S. is regarded as a labor abundant country.
E) the U.S. only trade with other developed countries
Correct Answer:

Verified
Correct Answer:
Verified
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