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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 590 times)

formula1

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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. Which country has an absolute advantage in producing belts?


◦ Estonia
◦ Morocco
◦ both countries
◦ neither country


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Marked as best answer by formula1 on Mar 16, 2019

smrtceo

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