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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 464 times)

bobbysung

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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 a comparative advantage in producing swords?


◦ Estonia
◦ Morocco
◦ both countries
◦ neither country


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Marked as best answer by bobbysung on Mar 16, 2019

wilsonbho

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bobbysung

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Reply 2 on: Mar 16, 2019
Excellent


AISCAMPING

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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