Multiple Choice
Leontief reconciled his results by arguing that
A) American labor is more efficient than foreign.
B) American capital is more efficient than foreign.
C) Foreign capital is more efficient than American.
D) Foreign labor is more efficient than American.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Most theories of comparative advantage explain trade
Q2: Compare and contrast the predictions of the
Q3: A possible reconciliation of the Leontief Paradox
Q5: Intraindustry trade is most common in the
Q6: Leontief found that<br>A)U.S. exports are capital intensive
Q7: MacDougall showed in his tests that<br>A)relatively higher
Q8: MacDougall's test provides evidence that exports are
Q9: Tests of the Heckscher-Ohlin model by Bowen,Leamer,and
Q10: According to the human skills theory<br>A)trade patterns
Q11: Leontief showed that U.S.exports were capital intensive