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Table 19-11
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 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.All of the following are terms of trade that could possibly benefit both countries except
Angiosperms
Flowering plants that produce seeds enclosed within a fruit, representing the most diverse group of plants on Earth.
Gymnosperms
are a group of seed-producing plants that includes conifers, cycads, Ginkgo, and gnetophytes, characterized by not having flowers or fruit.
Wind Pollination
A method of pollination where pollen is distributed by the wind to fertilize plants.
Fertilization
Fertilization is the process by which a sperm cell unites with an egg cell, resulting in the formation of a zygote and the initiation of pregnancy in sexually reproducing organisms.
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