Table 7-6 Production and

question 140

Multiple Choice

Table 7-6
Production and
Consumption Production
Without Trade With Trade
Estonia and Morocco can produce both swords and belts.Table 7-6 shows the production and consumption quantities without trade,and the production numbers with trade.
-Refer to Table 7-6.If the actual terms of trade are 1 belt for 1.5 swords and 70 belts are traded,how many belts will Morocco consume?

• A)40
• B)50
• C)70
• D)120

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Definitions:

Social Hierarchy

A system of organizing individuals within a society based on status, rank, or authority.

Knowledge Of Laws

Being informed or aware of the legal rules and regulations that govern society.

Social Contract Orientation

A theoretical framework suggesting that individuals’ moral and political obligations are dependent upon a contract or agreement among them to form the society in which they live.

Universal Ethical Principles

Fundamental norms and values that transcend cultural, religious, and societal differences, guiding moral judgment and actions.