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Author Question: Leontief found that A) U.S. exports are capital intensive relative to U.S. imports. B) U.S. ... (Read 76 times)

jjjetplane

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  • Posts: 556
on: Jun 30, 2018
Leontief found that
 
  A) U.S. exports are capital intensive relative to U.S. imports.
  B) U.S. imports are labor intensive relative to U.S. exports.
  C) U.S. exports are neither labor nor capital intensive.
  D) None of the above.

Question 2

Indirectly, overvalued exchange rates in Latin America caused
 
  A) a capital shortage in agriculture.
  B) a capital shortage in industry.
  C) a capital abundance in agriculture.
  D) a growth in incomes in rural areas.
  E) an increase in competitive pressures faced by industry.


deja

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  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


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