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This exercise applies the basic Ricardian model of one factor and two goods, The table below contains the output per hour worked in Foreign and Home for each of two goods, Candy Olive Oil Home ac # 1 pound per hour 90 = 3 gallons per hour Foreign do = 5 pounds por hour Ap = 4 gallons per hour where de is units of candy produced in Home by one hour of labor units of olive oil produced in Home by one hour of labor, it's units of candy produced In Foreign by one hour of labor units of olive oil produced in Foreign by one hour of labor, G = the world price of candy (the trade price): po the world price of olive oil (the trade price). Both Home and Foreign wil gain from trade if the world price of candy (P..) Pw ) lies between two limits as follows: gallons gallons (Round each response to two docknal places ) pound W pound