Table 7-6
Production and
Consumption Production
Without Trade With Trade
Estonia and Morocco can produce both swords and belts.Table 7-6 shows the production and consumption quantities without trade,and the production numbers with trade.
-Refer to Table 7-6.If the actual terms of trade are 1 belt for 1.5 swords and 70 belts are traded,how many swords will Morocco consume?
A) 50
B) 95
C) 105
D) 200
Correct Answer:
Verified
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of
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Production and
Consumption Production
Without Trade With Trade
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Production and
Consumption Production
Without Trade With Trade
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Output per hour Production and Production
of
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