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. If the actual terms of trade are 1 belt for 1.5 swords and 70 belts are traded, how many belts will Estonia gain compared to the "without trade" numbers?
A) 10
B) 20
C) 50
D) 70
Correct Answer:

Verified
Correct Answer:
Verified
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