Question

What does Leontief paradox state?
a) Country U exports and imports both were labor intensive
b) Country U exports were capital intensive and imports were labor intensive
c) Country U exports were labor intensive, and imports were capital intensive.
d) Country U exports and imports both were capital intensive​

Answer 1

Answer:

b) Country U exports were capital intensive and imports were labor intensive

Explanation:

What does Leontief paradox state Country U exports were capital intensive and imports were labor intensive