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Table 196
Production and
Consumption Production
Without Trade with Trade

Question 2

Multiple Choice

Table 19.6
Production and
Consumption Production
Without Trade with Trade
 Clerks  Hats  Clerks  Hats  Denmark 90015012000 Belize 1501000400\begin{array} { | l | l | l | l| l | } \hline & \text { Clerks } & \text { Hats } & \text { Clerks } & \text { Hats } \\\hline \text { Denmark } & 900 & 150 & 1200 & 0 \\\hline \text { Belize } & 150 & 100 & 0 & 400 \\\hline\end{array} Denmark and Belize can produce both clocks and hats. Table 19.6 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19.6.All of the following are terms of trade that could possibly benefit both countries except _________.


A) 1/5 of a hat : 1 clock
B) 1/3 of a hat : 1 clock
C) 1/2 of a hat : 1 clock
D) 3/4 of a hat : 1 clock

Correct Answer:

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