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Author Question: A possible reconciliation of the Leontief Paradox is that the United States has high tariffs on ... (Read 108 times)

kodithompson

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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

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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


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