Vidyalelo
Management · Q14

Foreign Trade Policy

Graduate and Post Graduate · Management · question 14

Q14

The Leontief paradox stated that

A.
USA's exports were capital intensive and imports were labour intensive
B.
USA's exports and imports both were capital intensive
C.
USA's exports and imports both were labour-intensive
D.
USA's exports were labour intensive and imports were capital intensive
Answer

Answer: Option D

Solution

Answer: Option D
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