Author Question: The excess supply curve of a product we (H) import from foreign countries (F) increases as A) ... (Read 51 times)

geoffrey · **on:** Jun 30, 2018

The excess supply curve of a product we (H) import from foreign countries (F) increases as

A) excess demand of country H increases.
B) excess demand of country F increases.
C) excess supply of country H increases.
D) excess supply of country F increases.
E) excess supply of country F decreases.

Question 2

The Leontief paradox can be summarized as the finding that U.S. exports tend to come from capital-intensive industries, while U.S. imports are produced using relatively labor-intensive techniques.

Indicate whether the statement is true or false