Which of the following was the analysis revealed by the Leontief paradox in the 1950s?
A) Despite an abundant pool of labor, the U.S. was exporting capital-intensive goods.
B) Despite having abundant capital, the U.S. was exporting labor-intensive goods.
C) Despite plentiful natural resources, the U.S. was importing oil and gas.
D) Despite a large agricultural network, the U.S. was importing grains.
B
Business