The Leontief paradox describes evidence ________.
A) in support of the predictions of the mercantilist theory
B) contrary to the predictions of the factor proportions theory
C) that the assumptions of international product life cycle theory are invalid
D) that the assumptions of the new trade theory are invalid
Correct Answer:
Verified
Q61: Factor proportions theory differs from the theory
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Q71: Discuss the factor proportions theory and describe
Q72: The international product life cycle theory was
Q74: The _ theory states that countries produce
Q74: Factor proportions theory was developed by _.
A)Smith
Q77: During which stage of the international product
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