Multiple Choice
What was "paradoxical" about the results of Leontief's test of the Heckscher-Ohlin model on U.S. trade?
A) Leontief concluded that U.S. imports were more labor intensive than U.S. exports.
B) Leontief concluded that U.S. imports were more capital intensive than U.S. exports.
C) Leontief concluded that U.S. imports were primarily agricultural products.
D) Leontief concluded that U.S. exports were not internationally competitive.
Correct Answer:
Verified
Correct Answer:
Verified
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