Question

FSU Fal Saved Help Save& Exit Sub US. exports are less capital-intensive than U.S. imports, despite the relative abundance of capital in the country. This is in opposition to the Heckscher- Ohlin theory and has been labelled Multiple Choice a zero-sum game. Samuelson's critique a first-mover advantage. Leontief's paradox a positive-sum game 21 of 60 <Prev Nex

Answer 1

Answer:

Correct answer is:

Leontief's paradox

Explanation:

As per economic theory a country will export goods on which it has competitive advantages. As such it is paradox that US being a capital intensive country its exports are less capital intensive than its imports. It was Leontief's study which concluded that in the international division of labor, the U.S. specialized in labor intensive rather than capital intensive good which contradicted the economic theory.

As such option D is correct.

Zero-sum, First mover and positive sum are theories.