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Table 196
Production and
Consumption Production
Without Trade with Trade

question 120

Multiple Choice

Table 19.6
Production and
Consumption Production
Without Trade with Trade
 Clerks  Hats  Clerks  Hats  Denmark 90015012000 Belize 1501000400\begin{array} { | l | l | l | l| l | } \hline & \text { Clerks } & \text { Hats } & \text { Clerks } & \text { Hats } \\\hline \text { Denmark } & 900 & 150 & 1200 & 0 \\\hline \text { Belize } & 150 & 100 & 0 & 400 \\\hline\end{array} Denmark and Belize can produce both clocks and hats. Table 19.6 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19.6.Prior to trade,what was the opportunity cost to produce one clock in Belize?


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