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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. All of the following are terms of trade that could possibly benefit both countries except
Dietary Lipids
Fats and oils consumed in the diet, providing energy and supporting cellular function.
Meats
Refers to the flesh of animals, including birds and fish, that is used as food.
Eggs
The oval or round reproductive bodies produced by female animals, often consumed as food by humans.
Small Intestine
A part of the gastrointestinal tract between the stomach and the large intestine that absorbs nutrients and minerals from food.
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