The Leontief Paradox Found That

question 119

Multiple Choice

The Leontief paradox found that:

• A) exports should always be capital intensive.
• B) imports should always be labor intensive.
• C) U.S. exports were labor intensive.
• D) U.S. exports were capital intensive.

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Definitions:

Base Salary

The initial rate of compensation given to an employee, excluding any extra benefits, bonuses, or overtime.

Tax Equalization Allowance

An employer-provided compensation designed to equalize the tax burden for employees working internationally, ensuring they do not pay more tax than they would at home.

Economic Systems

Refer to the methods and principles by which communities and countries organize the production, distribution, and consumption of goods and services.

HRM

Human Resource Management, the strategic approach to managing an organization's employees to maximize their contribution to the organization's objectives.