The Leontief Paradox

question 28

Multiple Choice

The Leontief Paradox

• A) failed to support the validity of the Heckscher-Ohlin model.
• B) supported the validity of the Ricardian theory of comparative advantage.
• C) supported the validity of the Heckscher-Ohlin model.
• D) failed to support the validity of the Ricardian theory.
• E) proved that the U.S. economy is different from all others.

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Definitions:

Seed

The reproductive unit of angiosperms and gymnosperms, capable of developing into another such plant.

Vascular Plants

Plants that possess specialized tissues, xylem and phloem, for water and nutrients transportation throughout the organism.

Seeds

Plant embryos enclosed in a protective outer covering, capable of developing into a new plant.

Gymnosperms

A group of seed-producing plants that includes conifers, cycads, Ginkgo, and gnetophytes, distinguished by not having flowers or fruit.