Tests,using Leontief's methodology,to explain trade patterns of other countries
A)show that the Leontief Paradox holds only for the United States.
B)show that paradoxical results obtain for some countries but not for others.
C)show that the Leontief paradox holds in every case.
D)have never been performed.

Question

Quizplus · Accepted Answer

Leontief's methodology has been applied to study trade patterns of other countries and paradoxical results have been found for some countries but not for others. Therefore, choice B is the correct answer. While the Leontief paradox holds for the United States, its applicability to other countries is not universal.

Tests,using Leontief's Methodology,to Explain Trade Patterns of Other Countries