Economy, asked by himawari3051, 1 year ago

Difference between heckscher ohlin and leontif paradox

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Answered by sandeepkm3666
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Introduction to the Leontief Paradox: The Heckscher-Ohlin theorem gave a generalisation that the capital-abundant counties tend to export capital-intensive goods while labour- abundant countries tend to export the labour- intensive goods. ... Leontief made use of 1947 input-output tables related to the U.S. economy.

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