Table 13-6

Denmark and Belize can produce both clocks and hats.Table 13-6 shows the production and consumption quantities without trade,and the production numbers with trade.
-Refer to Table 13-6.Which country has an absolute advantage in producing clocks?

Question

Table 13-6

Denmark and Belize can produce both clocks and hats.Table 13-6 shows the production and consumption quantities without trade,and the production numbers with trade.
-Refer to Table 13-6.Which country has an absolute advantage in producing clocks?

Quizplus · Accepted Answer

Denmark has an absolute advantage in producing clocks because it can produce more clocks than Belize with the same amount of resources. In the table, Denmark can produce 60 clocks compared to Belize's 20 clocks.

Table 13-6 Denmark and Belize Can Produce Both Clocks and Both