Leontief’s result were considered paradoxical because the United Sta – McqOptions

MCQOPTIONS

1.	Leontief’s result were considered paradoxical because the United Stated was believed to be ?
A.	technologically efficient relative to the rest of the world
B.	capital abundant relative to the rest of the world
C.	labor abundant relative to the rest of the world
D.	All of the above
Answer» C. labor abundant relative to the rest of the world

Discussion

No Comment Found

Related MCQs

Which of the following statements supports deregulation of industries ?
Which of the following would be considered a supply-side policy ?
Which trade theory contends that a country that initially develops and exports a new product may eventually become an importer of it and may no longer manufacture the product ?
Wassily Leontief’s results can be interpreted as ?
Wassily Leontief used an input output table in order to test the ?
The trade model of the Swedish economies Heckscher and Ohlin maintains that ?
The theory of overlapping demand predicts that trade in manufactured goods is unimportant for countries with very different ?
The success of regional and urban policies has been limited by ?
The product cycle theory of trade is essentially a ?
The Heckshcer-Ohl assumes that are indentical between countries?