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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 50 times)

mpobi80

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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 swords will Estonia gain compared to the "without trade" numbers?


◦ 25
◦ 75
◦ 100
◦ 125


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Marked as best answer by mpobi80 on Mar 16, 2019

mjenn52

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mjenn52

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