The Leontief paradox stated that
A. USA's exports were capital intensive and imports were labour intensive
B. USA's exports and imports both were capital intensive
C. USA's exports and imports both were labour-intensive
D. USA's exports were labour intensive and imports were capital intensive
Answer: Option D
Related Questions on Foreign Trade Policy
A. Importing
B. Exporting
C. Franchising
D. Joint Ventur
Foreign trade helps each country to make . . . . . . . . use of its natural resources.
A. optimal
B. loss
C. better
D. none of these
The effects of foreign trade on the domestic economy maybe at
A. Micro level
B. Macro level
C. Both A and B
D. Neither A nor B
A. Chief controller of Imports and Exports
B. Director General of Foreign Trade
C. Director General of Commercial Intelligence
D. Chief Controller of Foreign Trade

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