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Table 19-12
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 19-12 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-12.Which country has an absolute advantage in producing swords?
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The ability to become increasingly effective in solving problems over time as one gains experience.
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Actions performed mechanically or automatically, without thought or intention, often through memorization or repetition.
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