« previous next »

Author Question: Write an essay on the Leontief Paradox. Include in your discussion what Leontief found that was so ... (Read 62 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
Write an essay on the Leontief Paradox. Include in your discussion what Leontief found that was so paradoxical as well as a brief description of several of the various reconciliations that have been offered to explain the Paradox.
 
  What will be an ideal response?

Question 2

GDP is different than GNP in that
 
  A) it accounts for net unilateral transfers.
  B) it does not account for indirect business taxes.
  C) it does not account for a country's production using services with foreign-owned capital.
  D) it accounts for depreciation.
  E) it is unhelpful when tracking national income.


rnehls

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

Leontief found U.S. exports were relatively labor intensive, implying within the context of the Heckscher-Ohlin model that the United States is relatively labor abundant. Several reconciliations have been offered, including U.S. labor relatively more efficient (Leontief), importance of natural resources (Vanek), U.S. tariff structure (Travis), and international differences in tastes and technologies.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Organisms exhibit a diversity of behaviours, which include (clockwise from upper left), foraging and Organisms exhibit a diversity of behaviours, which include (clockwise from upper left), foraging and
(A) The name and shape of the adult teeth. These teeth represent those found in the right side of th (A) The name and shape of the adult teeth. These teeth represent those found in the right side of th
Miocene apes were found throughout Europe, continental Asia, and Africa. Miocene apes were found throughout Europe, continental Asia, and Africa.
How to write any number in scientific notation How to write any number in scientific notation
Literacy Development in the Early Years: Helping Children Read and Write Literacy Development in the Early Years: Helping Children Read and Write
Write in vertex form by completing the square Write in vertex form by completing the square
Video: Causes of Acne

For a complete list of videos, visit our video library