The Leontief paradox refers to the empirical finding that U.S.
A) import substitutes are more K-intensive than exports
B) imports are more K-intensive than exports
C) exports are more L-intensive than imports
D) exports are more K-intensive than import substitutes
Correct Answer:
Verified
Q1: In the H-O model,international trade is based
Q2: According to the H-O model,trade reduces international
Q3: When w/r falls,L/K
A)falls in the production of
Q5: The H-O model is a simplification of
Q6: For factor reversal to occur,two commodities must
Q7: From empirical studies,we conclude that the H-O
Q8: With equal technology nations will have equal
Q9: Which is not an assumption of the
Q10: A difference in relative commodity prices between
Q11: A nation is said to have a
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