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Table 18-6 Production and

Question 79

Multiple Choice

Table 18-6
Production and
Consumption Production
Without Trade With Trade
Table 18-6 Production and Consumption Production Without Trade With Trade Denmark and Belize can produce both clocks and hats. Table 18-6 shows the production and consumption quantities without trade, and the production numbers with trade. -Refer to Table 18-6.Which country has an absolute advantage in producing hats? A) Denmark B) Belize C) Both countries D) Neither country Denmark and Belize can produce both clocks and hats. Table 18-6 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 18-6.Which country has an absolute advantage in producing hats?


A) Denmark
B) Belize
C) Both countries
D) Neither country

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