Which of the following was the analysis revealed by the "Leontief paradox"?
A) that despite having an abundant pool of labor, the U.S. was exporting capital-intensive goods
B) that the U.S. often exported labor-intensive goods and imported more capital-intensive goods
C) that international trade was simpler than perceived
D) that contrary to the popular belief, new products are more likely to originate in developing economies
B
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Alexander Kjerulf stated that, "Happiness at work is the #1productivity booster." Each of the following is one of the reasons he cited EXCEPT which one?
A. Happy people are more optimistic and motivated. B. Happy people have more energy and get sick less often C. Happy people don't care enough to create problems D. Happy people fix problems rather than complain about them.
Which of the following is NOT an example of economic capital?
A) a delivery truck used by Federal Express B) a desk in a classroom C) a bond issued by IBM D) an electric plant used by a local utility to generate electricity E) all of the above