Examlex

Solved

Table 7-6 Output Per Hour Production and Production

question 34

Multiple Choice

Table 7-6
Output per hour Production and Production
of work Consumption without Trade with Trade
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 belts? A) Estonia B) Morocco C) both countries D) neither country 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 belts?


Definitions:

Related Questions