Question

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 ___________

Answer 1

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.