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Table 9-11 Output Per Hour Production and Production

question 208

Multiple Choice

Table 9-11
Output per hour Production and Production
of work Consumption without Trade with Trade
Table 9-11 Output per hour Production and Production of work Consumption without Trade with Trade    Denmark and Belize can produce both clocks and hats. Each country has a total of 200 available labor hours for the production of clocks and hats. Table 9-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade. -Refer to Table 9-11. If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded, how many clocks will Belize gain compared to the  without trade  numbers? A)  -100 B)  100 C)  120 D)  250 Denmark and Belize can produce both clocks and hats. Each country has a total of 200 available labor hours for the production of clocks and hats. Table 9-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-11. If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded, how many clocks will Belize gain compared to the "without trade" numbers?


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