Multiple Choice
Table 19-12
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 19-12 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-12.With trade,what is the total gain in belt production?
A) 20
B) 40
C) 60
D) 120
Correct Answer:

Verified
Correct Answer:
Verified
Q48: Protectionism is the use of _ to
Q68: You're traveling in Ireland and are thinking
Q94: An increase in the demand for American-made
Q99: A voluntary export restraint is an agreement
Q120: Table 19-3<br> <span class="ql-formula" data-value="\begin{array}{|l|l|l|}\hline
Q122: Figure 19-10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6608/.jpg" alt="Figure 19-10
Q128: Figure 19-11<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6608/.jpg" alt="Figure 19-11
Q131: If the dollar depreciates against the Indian
Q144: Ceteris paribus,a rise in interest rates in
Q163: As a percentage of GDP, exports are