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Table 9-12 Production and

question 27

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Table 9-12
Production and
Consumption Production
Without Trade With Trade
Table 9-12 Production and Consumption Production Without Trade With Trade    Estonia and Morocco can produce both swords and belts. Table 9-12 shows the production and consumption quantities without trade, and the production numbers with trade. -Refer to Table 9-12. If the actual terms of trade are 1 belt for 1.5 swords and 70 belts are traded, how many belts will Morocco gain compared to the  without trade  numbers? A)  10 B)  20 C)  70 D)  80 Estonia and Morocco can produce both swords and belts. Table 9-12 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-12. If the actual terms of trade are 1 belt for 1.5 swords and 70 belts are traded, how many belts will Morocco gain compared to the "without trade" numbers?


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