Leontief's results can be interpreted as
A)evidence against the classical model.
B)evidence against the Heckscher-Ohlin model.
C)support for the classical model.
D)support for the Heckscher-Ohlin model.

Question

Quizplus · Accepted Answer

Leontief's results showed that countries with a high capital-to-labor ratio were exporting labor-intensive goods and importing capital-intensive goods, which conflicted with the predictions of the Heckscher-Ohlin model. Therefore, Leontief's results provided evidence against the Heckscher-Ohlin model. However, they did not necessarily provide support for the classical model.

Leontief's Results Can Be Interpreted as