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Author Question: Table 7-6 Estonia and Morocco can produce both swords and belts. Each country has a total of 40 ... (Read 38 times)

Tazate

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Table 7-6








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 Morocco consume?


◦ 60
◦ 70
◦ 90
◦ 120


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Marked as best answer by Tazate on Mar 16, 2019

kaykay69

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kaykay69

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