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10-02-2020
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The United States' imports from 1945 through 1970 were more capital-intensive than its exports. One would have expected that the United States would have imported more labor-intensive goods and exported capital-intensive goods during this period. This phenomenon that occurred in the United States is known as the ___________

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13-02-2020

Answer:

Leontief paradox.

Explanation:

Leontief paradox explains that a country with a higher capital per worker has a lower capital/labor ratio in exports than in imports.

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