a) Discuss the meaning and importance of the Leontief paradox.

b) Summarize the empirical results of Kravis, Keesing, Kenen, and Baldwin on the importance of human capital in helping to resolve the paradox.

c) How was the paradox seemingly resolved by Leamer, Stern, Maskus, and Salvatore and Barazesh?

d) What is the status of the controversy today?

e) Explain why the US successfully exports both agricultural products and more high-tech products such as airliners, weapon systems, advanced computers or cars to the rest of the world.