The Leontief Paradox suggested that, in contrast to the predictions of the factor-endowment theory, U.S.exports were less capital-intensive than U.S.import-competing goods.

Question

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The statement accurately reflects the Leontief Paradox, which showed that the U.S. exported relatively more labor-intensive goods and imported relatively more capital-intensive goods, contradicting the predictions of factor-endowment theory.

The Leontief Paradox Suggested That, in Contrast to the Predictions