Wassily Leontief’s results can be interpreted as ?

Related Mcqs:

According to the factor endowment model of Heckscher and Ohlin, countries heavily endowed with land will ?

A. Devote excessive amounts of resources to agricultural production B. Devote insufficient amounts of resources to agricultural production C. Export products that are land-intensive D. Import products that are land-intensive...

Wassily Leontief used an input output table in order to test the ?

A. Ricardian theory of comparative advantage B. Heckscher Ohl in theory of comparative advantage C. Linder theory of overlapping demand D. All of the above...

In his empirical tests, Wassily Leontief used an input-output table to ?

A. calculate the capital and labor required to produce $1 million of U.S exports and imports B. calculate the labor productivity of America workers relative to foreign workers C. calculate the capital productivity of American capital relative to foreign capital D. All of the above...

For the United States empirical studies indicate that over the past two hundred years the cost of international transportation relative to the value of U.S imports has ?

A. increased B. Decreased C. Not changed D. Any of the above...

According to the Heckscher-Ohlin model ?

A. everyone automatically gains from trade B. The gainers from trade outnumber the losers from trade C. The scarce factor necessarily gains from trade D. None of the above...