« previous next »

Author Question: A possible reconciliation of the Leontief Paradox is that the United States has high tariffs on ... (Read 45 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
A possible reconciliation of the Leontief Paradox is that the United States has high tariffs on capital intensive goods and low tariffs on labor intensive goods.
 
  Indicate whether the statement is true or false

Question 2

If more European and Japanese firms want to build factories and expand their offshore investments in the United States, the supply of U.S. dollars on foreign exchange markets will increase as a result of this investment activity.
 
  Indicate whether the statement is true or false


otokexnaru

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

FALSE
Explanation: This is both untrue and opposite the reconciliation of Travis. Such a tariff structure would make it more likely that U.S. trade patterns would have conformed to Leontief's priors.

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Feral pigs in the United States (here Cape Canaveral, Florida) Feral pigs in the United States (here Cape Canaveral, Florida)
Diversity in the United States Diversity in the United States
Saline Groundwater in the United States Saline Groundwater in the United States
Curry's paradox Curry's paradox
Sumatran Tiger Fewer than 400, Indonesia and Texas Ocelot Fewer than 250, southern United States, ... Sumatran Tiger Fewer than 400, Indonesia and Texas Ocelot Fewer than 250, southern United States, ...
Aphid and High Fluid Pressure Aphid and High Fluid Pressure
Video: Arthroscopy

For a complete list of videos, visit our video library