Table 9-6 Output Per Hour Production and Production

question 48

Multiple Choice

Table 9-6
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 9-6 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-6.Which country has a comparative advantage in producing hats?

• A)Denmark
• B)Belize
• C)both countries
• D)neither country

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Definitions:

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