The Leontief tests of the 1950s confirmed the factor-proportions theory in explaining the commodity composition of U.S. trade.
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Q111: In general, owners of the abundant factor
Q112: Trade has no impact whatsoever on the
Q113: Trade lowers prices which tends to increase
Q114: Empirical testing does not apply to economics
Q115: The empirical tendency for U.S. exports to
Q117: The empirical study by Leontief provided support
Q118: Leontief showed that U.S. exports were capital
Q119: T. According to the Leontief paradox, U.S.
Q120: U.S. exports appear to be labor intensive
Q121: International trade patterns may be influenced by
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