Leontief found that
A)U.S. exports are capital intensive relative to U.S. imports.
B)U.S. imports are labor intensive relative to U.S. exports.
C)U.S. exports are neither labor nor capital intensive.
D)None of the above.

Question

Quizplus · Accepted Answer

Leontief's input-output analysis found that U.S. imports were more labor-intensive than U.S. exports. This was surprising at the time, as it went against the traditional pattern of developing countries exporting low-skilled labor-intensive goods and developed countries exporting high-skilled capital-intensive goods.

Leontief Found That