Multiple Choice
Table 19-11
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 19-11 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-11.If the actual terms of trade are 1 hat for 1.8 clocks and 150 hats are traded,how many hats will Denmark gain compared to the "without trade" numbers?
A) -150
B) 0
C) 150
D) 1,050
Correct Answer:

Verified
Correct Answer:
Verified
Q39: A situation in which a country does
Q62: The General Agreement on Tariffs and Trade
Q67: Assume that Finland and Latvia produce only
Q186: Figure 19-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6608/.jpg" alt="Figure 19-1
Q187: Figure 19-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6608/.jpg" alt="Figure 19-3
Q188: Figure 19-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6608/.jpg" alt="Figure 19-5
Q191: Figure 19-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6608/.jpg" alt="Figure 19-4
Q193: Table 19-1<br> <span class="ql-formula" data-value="\begin{array}{|c|c|c|}\hline
Q194: Table 19-12<br>Output per hour Production and
Q254: A decrease in the demand for American-made