Solved

Table 19-12
Production and
Consumption Production
Without Trade with Trade

Question 344

Multiple Choice

Table 19-12
Production and
Consumption Production
Without Trade With Trade
 Swards  Beltr  Svards  Beltr  Estoria 100502000 Morocco 50400120\begin{array} { | l | l | l | l | l | l | } \hline & \text { Swards } & \text { Beltr } & & \text { Svards } & \text { Beltr } \\\hline \text { Estoria } & 100 & 50 && 200 & 0 \\\hline \text { Morocco } & 50 & 40 && 0 & 120 \\\hline\end{array}
Estonia and Morocco can produce both swords and belts.Table 19-12 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 19-12.All of the following are terms of trade that could possibly benefit both countries except


A) 2/3 of a belt : 1 sword
B) 3/5 of a belt : 1 sword
C) 7/10 of a belt : 1 sword
D) 1/4 of a belt : 1 sword

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions