according to leontief USA export ?
a) Labour intensive goods
b) capital intensive goods
C) both
b) none of above
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Answer:
c) both
Explanation:
In 1953, Leontief found that the United States—the most capital-abundant country in the world—exported commodities that were more labor-intensive than capital-intensive, contrary to H–O theory. Leontief inferred from this result that the U.S. should adapt its competitive policy to match its economic realities
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