In his empirical test of Heckscher and Ohlin's model,Leontief found that
A) the US imported more labor intensive goods and exported more capital intensive goods.
B) the US imported more capital intensive goods and exported more labor intensive goods.
C) the US imported and exported more labor intensive goods.
D) the US imported and exported more capital intensive goods.
Correct Answer:
Verified
Q10: Which of the following is a part
Q11: Transportation costs include:
A)freight charges.
B)warehousing costs.
C)costs associated with
Q12: Assume a nation where labor is mobile
Q13: Which of the following states that the
Q14: _ involves international trade in the differentiated
Q16: Which of the following is an example
Q17: The product cycle model was introduced by:
A)Wassily
Q18: Assume a nation where labor is mobile
Q19: The Heckscher-Ohlin theory is often referred to
Q20: According to the specific factors trade theory:
A)Owners
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