The Leontieff Paradox

question 63

Multiple Choice

The Leontieff Paradox

• A) refers to the finding that U.S. exports were more labor intensive than its imports.
• B) refers to the finding that U.S. Exports were more capital intensive than its exports.
• C) refers to the finding that the U.S. produces outside its Edgeworth Box.
• D) still accurately applies to today's pattern of U.S. international trade.
• E) refers to the fact that Leontieff an American economist had a Russian name.

---

Definitions:

Board of Directors

A group of individuals elected by shareholders to oversee the management and make key decisions for a corporation.

Declare Dividends

Declare dividends refers to the action by a company's board of directors to distribute a portion of the earnings to shareholders, typically in the form of cash or stock.

Execute Policy

The act of implementing or carrying out a set of directives or procedures laid down by an organization or government.

Obtain Capital

The act of securing funds or resources to finance business operations, typically through borrowing, equity investment, or earnings.