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Table 19-12
Production and
Consumption Production
Without Trade with Trade

question 183

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Table 19-12
Production and
Consumption Production
Without Trade With Trade
 Swards  Beltr  Svards  Beltr  Estoria 100502000 Morocco 50400120\begin{array} { | l | l | l | l | l | l | } \hline & \text { Swards } & \text { Beltr } & & \text { Svards } & \text { Beltr } \\\hline \text { Estoria } & 100 & 50 && 200 & 0 \\\hline \text { Morocco } & 50 & 40 && 0 & 120 \\\hline\end{array}
Estonia and Morocco can produce both swords and belts.Table 19-12 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-12.All of the following are terms of trade that could possibly benefit both countries except


Definitions:

Thomas Robert Malthus

Thomas Robert Malthus was an English economist and demographer best known for his theory that population growth will always outpace the food supply, creating periods of famine and hardship.

Food Supply

The total amount of food available for consumption, affected by factors such as production, distribution, and importation.

Population Growth

The increase in the number of individuals in a population, often measured in terms of the percentage change per year.

LDCs

Stands for Least Developed Countries, a term used to describe countries with the lowest indicators of socioeconomic development.

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