Question 14 Leontief was trying to test the Heckscher-Ohlin Model. He assumed that the US was capital abundant and his results O he did not come up with any results as he did not have data on the...

Extracted text: Question 14 Leontief was trying to test the Heckscher-Ohlin Model. He assumed that the US was capital abundant and his results O he did not come up with any results as he did not have data on the factor content of imports. agreed with the model; he found that US exports were relatively more capital intensive than its imports agreed with the model; he found that US imports were relatively less capital intensive than its imports contradicted the model; he found that US exports were relatively less capital intensive than its imports