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Table 9-11 Production and

Question 199

Multiple Choice

Table 9-11
Production and
Consumption Production
Without Trade With Trade
Table 9-11 Production and Consumption Production Without Trade With Trade    Denmark and Belize can produce both clocks and hats. Table 9-11 shows the production and consumption quantities without trade, and the production numbers with trade. -Refer to Table 9-11. All of the following are terms of trade that could possibly benefit both countries except A)  1 hat : 2 clocks B)  1 hat : 4 clocks C)  1 hat : 5 clocks D)  1 hat : 8 clocks Denmark and Belize can produce both clocks and hats. Table 9-11 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-11. All of the following are terms of trade that could possibly benefit both countries except


A) 1 hat : 2 clocks
B) 1 hat : 4 clocks
C) 1 hat : 5 clocks
D) 1 hat : 8 clocks

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