Table 13.6
Production and
Consumption Production
Without Trade With Trade Denmark and Belize can produce both clocks and hats.Table 13.6 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 13.6.The country which has an absolute advantage in producing hats is
A)Denmark
B)Belize
C)both countries
D)neither country

Question

Table 13.6
Production and
Consumption Production
Without Trade With Trade  Denmark and Belize can produce both clocks and hats.Table 13.6 shows the production and consumption quantities without trade, and the production numbers with trade.
-Refer to Table 13.6.The country which has an absolute advantage in producing hats is
A)Denmark 
B)Belize 
C)both countries 
D)neither country

Quizplus · Accepted Answer

Denmark has an absolute advantage in producing hats if it can produce more hats than Belize with the same resources.

Table 13.6 Production and