1) Chapter 3\" Problem 3.5 {Related to Solved Problem 13 around page 224} The following table shows the hourly output per worker in two industries in Chile and Argentina. Output per Hour of Work _ _ Argentina 3. Explaln whlch country has an absolute advantage in the production of hats and which country has an absolute advantage in the production of beer. Chile has the absolute advantage in hats and in been b. Explain which country has a comparative advantage in the production of hats and which country has a comparative advantage in the production of beer. Chile has comparative advantage in Hats and Argentina has Comparative advantage in Beer. c. Suppose that Chile and Argentina currently do not trade with each other. Each has LOUIE} hours of labor to use producing hats and beer, and the countries are currently producing the amounts of each good shown in the following table