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Table 9-12
Output per hour Production and Production
of work Consumption without Trade with Trade
Estonia and Morocco can produce both swords and belts. Each country has a total of 40 available labor hours for the production of swords and belts. Table 9-12 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-12. Which country has a comparative advantage in producing swords?
Ounces
A unit of weight used in Britain and the USA, equal to one sixteenth of a pound or approximately 28.35 grams.
Dark Chocolate
A type of chocolate that contains a high percentage of cocoa solids and little to no milk.
Gram
A metric measurement for weight, quantifying as one thousandth of a kilogram.
Ounce
A unit of weight in the avoirdupois system, equal to 1/16 of a pound or approximately 28.35 grams.
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