Multiple Choice
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
A) 1 hat : 3/5 of a clock
B) 1 hat : 1 clock
C) 1 hat : 1.5 clocks
D) 1 hat : 2.5 clocks
Correct Answer:

Verified
Correct Answer:
Verified
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