Which of the following is the correct option: The Leontief study testing the Heckscher-Ohlin theory showed that... a) The US exported capital-intensive goods and imported labour-intensive goods. b) The US exported labour-intensive goods and imported labour-intensive goods. c) Even though the US was a capital abundant nation, it exported labour intensive goods. d) The US was a capital abundant nation and therefore, exported capital intensive goods.

Which of the following is the correct option: The Leontief study testing the Heckscher-Ohlin theory showed that... a) The US exported capital-intensive goods and imported labour-intensive goods. b) The US exported labour-intensive goods and imported labour-intensive goods. c) Even though the US was a capital abundant nation, it exported labour intensive goods. d) The US was a capital abundant nation and therefore, exported capital intensive goods.

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter13: Direct Foreign Investment

Section: Chapter Questions

Problem 6QA

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