Multiple choice

Which of the following economists has not tried to empirically test the theories of comparative costs?

  1. MacDougall

  2. Balassa

  3. Stern

  4. Leontief

  5. Bhagwati

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Leontief is not associated with empirical testing of theories of comparative costs. His comprehensive study was to attempt to verify the Heckscher-Ohlin model.