One Potential Reasonable Explanation for the Leontief Paradox Is That

question 20

Multiple Choice

One potential reasonable explanation for the Leontief paradox is that

• A) The U.S. exports capital intensive goods
• B) U.S. labor is more productive than its foreign counterpart
• C) U.S. tastes were biased strongly in favor of capital intensive goods
• D) The two factor model that was used was incomplete

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Definitions:

Air Pollution

The presence of harmful or excessive quantities of substances in the air, including gases, particulates, and biological molecules, that pose risks to health and the environment.

Climate Change

Long-term alterations in temperature, precipitation, and weather patterns, largely due to human activities like fossil fuel combustion, leading to global warming and other environmental impacts.

Global Warming

The gradual increase in Earth's average surface temperature due to the accumulation of greenhouse gases in the atmosphere, largely caused by human activities.

CO₂

Carbon dioxide (CO₂) is a colorless gas composed of one carbon and two oxygen atoms, widely known for its role in the Earth's atmosphere and as a greenhouse gas.