Table 7-6 Output Per Hour Production and Production

question 44

Multiple Choice

Table 7-6
Output per hour Production and Production
of work Consumption without Trade with Trade
Estonia and Morocco can produce both swords and belts.Each country has a total of 40 available labor hours for the production of swords and belts.Table 7-6 shows the output per hour of work,the production and consumption quantities without trade,and the production numbers with trade.
-Refer to Table 7-6.Which country has an absolute advantage in producing swords?

• A)Estonia
• B)Morocco
• C)both countries
• D)neither country

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Definitions:

Terms and Conditions

A set of regulations and guidelines which are agreed upon between parties, often used in contracts and agreements to define the rights, obligations, and limitations of each party.

Unionized Workers

Employees who are members of a labor union, which represents their interests in matters such as wages, working conditions, and benefits.

Employment Relationship

The legal and practical connection between an employer and employee, defining rights, responsibilities, and conditions of work.

Repetitive Tasks

Simple or complex activities performed repeatedly by an individual, often associated with manual or clerical jobs, which can lead to monotony and potential health issues.