Economics · International Trade
The Leontief Paradox states that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The U.S. relies entirely on agricultural trade
- 2The U.S. exports labor-intensive goods and imports capital-intensive goods✓
- 3The U.S. exports and imports capital-intensive goods irrespective of factor endowments
- 4The U.S. exports capital-intensive goods and imports labor-intensive goods
Correct answer
The U.S. exports labor-intensive goods and imports capital-intensive goods
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