Table 9-12
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 9-12 shows the output per hour of work, the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 9-12. With trade, what is the total gain in sword production?
A) 40
B) 60
C) 100
D) 200
Correct Answer:
Verified
Q96: Examples of comparative advantage show how trade
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