Table 7-6
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 7-6 shows the output per hour of work,the production and consumption quantities without trade,and the production numbers with trade.
-Refer to Table 7-6.With trade,what is the total gain in sword production?
A) 40
B) 60
C) 100
D) 200
Correct Answer:
Verified
Q63: Table 7-6
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Q72: The first discussion of comparative advantage appears
Q73: Table 7-6
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of
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