Multiple Choice
Which of the following statements is NOT an explanation of Leontief's paradox?
A) Leontief ignored the fact that the United States imports a variety of products rather than just one.
B) He ignored the fact that U.S. labor is highly skilled.
C) He ignored the importance of land as a factor in many U.S. exports.
D) Trade patterns in 1947 might have been affected by the fact that World War II had ended only two years earlier.
Correct Answer:

Verified
Correct Answer:
Verified
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