Should be importing labor-intensive goods

Reference no: EM133629396

The Leontief Paradox was based on the finding that Multiple Choice the Stopler-Samuelson theorem produced results that were opposite than what the H-O Theory predicted. China is relatively land-scarce despite having more land area than any other country. developing countries tended to export more capital-intensive products than most industrialized countries. in 1947 the United States was exporting relatively labor-intensive goods when the H-O Theory suggested that it should be importing labor-intensive goods.

Reference no: EM133629396

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