Which of the following offers an explanation for the Leontief
Paradox?
I.Leon tief's assumption that U.S.and foreign
Technologies are the same is incorrect.
II.Leontief did not incorporate land a nd other resources.
III.Leontief did not distinguish between skilled and.
Unskilled labor.
A)I, II, and III
B)I and II
C)I and III
D)I

Question

Quizplus · Accepted Answer

Leontief's paradox suggests that the U.S., a capital-abundant country, exported labor-intensive goods and imported capital-intensive goods, contrary to expectations. The explanations include incorrect assumptions about technology differences (I), omission of other resources like land (II), and not distinguishing between skilled and unskilled labor (III).

Which of the Following Offers an Explanation for the Leontief