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Denmark and Belize Can Produce Both Clocks and Hats

Question 14

Multiple Choice

   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 9-6 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade. -Refer to Table 9-6. Which country has a comparative advantage in producing clocks? A)  Denmark B)  Belize C)  both countries D)  neither country
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 9-6 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-6. Which country has a comparative advantage in producing clocks?


A) Denmark
B) Belize
C) both countries
D) neither country

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