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Table 18-6 Production and

Question 84

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.All of the following are terms of trade that could possibly benefit both countries except A) 1 hat : 2 clocks. B) 1 hat : 4 clocks. C) 1 hat : 5 clocks. D) 1 hat : 8 clocks. 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.All of the following are terms of trade that could possibly benefit both countries except


A) 1 hat : 2 clocks.
B) 1 hat : 4 clocks.
C) 1 hat : 5 clocks.
D) 1 hat : 8 clocks.

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