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Table 9-11
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 9-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-11. Which country has a comparative advantage in producing clocks?
Europe
A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, known for its rich history, cultural diversity, and economic influence.
Politically
Relating to the ideas, strategies, or actions of government, public policies, or the conduct of governance.
Window Glass Workers
Individuals skilled in the manufacturing and installation of window glass, a trade that involves the production of flat glass for architectural use.
French
Relating to France or its people, language, or culture.
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