Multiple Choice
Table 9-12
Production and
Consumption Production
Without Trade With Trade
Estonia and Morocco can produce both swords and belts. Table 9-12 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-12. Prior to trade, what was the opportunity cost to produce 1 belt in Estonia?
A) 1/2 of a sword
B) 4/5 of a sword
C) 1.25 swords
D) 2 swords
Correct Answer:

Verified
Correct Answer:
Verified
Q24: The ratio at which a country can
Q98: Assume that Honduras has a comparative advantage
Q104: Figure 9-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 9-3
Q128: If Japanese workers are more productive than
Q137: How have U.S.imports and exports, as a
Q160: One of the main sources of comparative
Q169: Figure 9-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Figure 9-4
Q176: If a country has a comparative advantage
Q183: In the 1930s the United States charged
Q340: Table 9-12<br>Production and<br>Consumption Production<br>Without Trade With Trade<br>