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vitfil [10]
3 years ago
10

The United​ States' imports from 1945 through 1970 were more​ capital-intensive than its exports. One would have expected that t

he 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 ___________
History
1 answer:
Gnom [1K]3 years ago
4 0

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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