1) Write out the foreign consumer's maximization problem. Hurt : consumers maxumze \"\"hty subject to a budget constraint. Use w\" for the foreign wage, pm as the price of mopeds and use the normalization that the price of a bike is equal to 1. j) Write out the demand functions for bikes and mopeds in the foreign country, C; and 0;. You do not need to show the maximization problem . Hint : Refer to questions a) and b). k) The balanced trade condition requires that the value of home country imports be equal to the value of 4' foreign country imports, 13' C = m m b