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 hats?

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 hats?

Quizplus · Accepted Answer

In both scenarios (without and with trade), Denmark has a higher quantity of production for hats compared to Belize, indicating an absolute advantage in producing hats.

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