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The Leontief Paradox Is the Surprising Discovery by the Economist

Question 43

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The Leontief paradox is the surprising discovery by the economist Wassily Leontief in 1951 that:
A.U.S.exports were less capital-intensive than U.S.imports.
B.the value of U.S.exports and imports was much lower than the corresponding value for other industrialized countries.
C.U.S.imports were growing much faster than U.S.exports.
D.exports and imports for most European countries were growing much faster than U.S.exports and imports, even though the United States placed fewer restrictions on international trade.

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U.S.exports were les...

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