Economics · International Trade Theories
The Leontief Paradox in international economics empirically demonstrated that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The factor proportions theory was fully validated by empirical trade data
- 2The U.S. exported labor-intensive goods despite being a capital-abundant country✓
- 3The U.S. imported labor-intensive goods despite being a labor-abundant country
- 4The U.S. exported capital-intensive goods consistent with the Heckscher-Ohlin theory
Correct answer
The U.S. exported labor-intensive goods despite being a capital-abundant country
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