Multiple Choice
Table 9-6
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 9-6 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
Correct Answer:

Verified
Correct Answer:
Verified
Q20: Beginning in _, the government of China
Q21: The process of countries becoming more open
Q22: Figure 9-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 9-2
Q23: Which of the following describes the infant
Q24: Figure 9-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 9-1
Q26: Economists believe the most persuasive argument for
Q27: By 2016, the U.S.trade deficit with China<br>A)had
Q28: A quota is the same as a
Q29: _ refers to reductions in a firm's
Q30: Table 9-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Table 9-2