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Which of the Following Was the Analysis Revealed by the "Leontief

Question 93

Multiple Choice

Which of the following was the analysis revealed by the "Leontief paradox"?


A) that despite having an abundant pool of labor, the U.S. was exporting capital-intensive goods
B) that the U.S. often exported labor-intensive goods and imported more capital-intensive goods
C) that international trade was simpler than perceived
D) that contrary to the popular belief, new products are more likely to originate in developing economies

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