Table 19-11
Output Per Hour Production and Production
of Work

question 158

Multiple Choice

Table 19-11
Output per hour Production and Production
of work Consumption without Trade with Trade
$\begin{array}{|l|c|c|c|c|c|c|}\hline & \text { Clocks } & \text { Hats } & \text { Clocks } & \text { Hats } & \text { Clocks } & \text { Hats } \\\hline \text { Denmark } & 6 & 3 & 900 & 150 & 1,200 & 0 \\\hline \text { Belize } & 1 & 2 & 150 & 100 & 0 & 400 \\\hline\end{array}$ 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 19-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-11.If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded,how many clocks will Denmark consume?

• A) 270
• B) 900
• C) 930
• D) 1,200

---

Definitions:

Preparation

Preparation involves the act of getting ready or making something ready in advance, often involving planning, organizing, and setting up necessary resources or conditions.

Persistence

The quality of continuing steadily in a course of action in spite of difficulties or opposition.

Conflict Resolution

The process of resolving a dispute or disagreement between parties through negotiation, mediation, or other nonviolent means.

Trade Negotiator

An individual involved in discussions and agreements between different countries or entities regarding the terms of trade, focusing on tariffs, trade barriers, and other economic aspects.