The Leontief Paradox

question 52

Multiple Choice

The Leontief paradox

• A) supported the factor-endowment theory.
• B) concluded that exports were less capital intensive than import-competing goods.
• C) found that national income differences underlie world trade patterns.
• D) implied that diseconomies of scale occur at low output levels.

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Definitions:

Requesting Action

A process where a clear action is sought from the recipient, typically seen in business communications and calls to action in marketing.

Audience Objections

The concerns, questions, or complaints raised by an audience or market in response to a proposal, presentation, or product.

Emotional Benefit

The positive emotional impact or satisfaction gained from using a product, service, or engaging in an activity, contributing to overall well-being or happiness.

Key Selling Points

Crucial attributes or advantages of a product or service that make it appealing to potential buyers.