If Demand Reversal Is the Explanation for the Leontief Paradox

question 8

Multiple Choice

If demand reversal is the explanation for the Leontief paradox, this would imply that the demand by the United States for labor-intensive goods is relatively __________ and therefore that U.S. wages would be relatively __________ in comparison to wages in U.S. trading partners.

• A) low; low
• B) low; high
• C) high; low
• D) high; high

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Definitions:

Wireless Network

A networking setup that allows devices to connect and communicate with each other without the need for physical cables, using radio waves or infrared signals.

Printer

A peripheral device that reproduces text and images from a computer onto paper or other physical mediums.

Node

A point in a network where pathways intersect or branch, also used to refer to devices like computers or other endpoints on a network.

Data Packets

Small blocks of data transmitted over a network, each containing both payload (the actual data) and control information.