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.If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded,how many belts will Estonia consume?
A) 50
B) 70
C) 90
D) 120
Correct Answer:
Verified
Q75: Table 7-6
Output per hour Production and Production
of
Q76: Table 7-6
Output per hour Production and Production
of
Q77: Table 7-6
Output per hour Production and Production
of
Q78: Table 7-6
Output per hour Production and Production
of
Q79: Table 7-6
Output per hour Production and Production
of
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