Table 19-11
Production and
Consumption Production
Without Trade with Trade

question 379

Multiple Choice

Table 19-11
Production and
Consumption Production
Without Trade With Trade
$$\begin{array} { | l | l | l | l | l | l | } \hline & \text { Clucks } & \text { Huts } & & \text { Clocks } & \text { Hats } \\\hline \text { Derrnark } & 900 & 150 && 1,200 & 0 \\\hline \text { Belize } & 150 & 100 && 0 & 400 \\\hline\end{array}$$
Denmark and Belize can produce both clocks and hats.Table 19-11 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-11.All of the following are terms of trade that could possibly benefit both countries except

• A)1 hat : 2 clocks
• B)1 hat : 4 clocks
• C)1 hat : 5 clocks
• D)1 hat : 8 clocks

---

Definitions:

Single-Income

Pertaining to a household or an individual who relies on one source of income, typically from one wage earner.

Two-Income Couples

Households in which both partners earn wages or salaries, contributing to the family's total income.

Economic Roles

Functions and responsibilities assumed by individuals or groups within an economic system, including production, distribution, and consumption of goods and services.

Family and Medical Leave Act

U.S. legislation granting eligible employees unpaid, job-protected leave for family and medical reasons.