Question: Consider a hypothetical world with two countries: Country A and Country B. Per hour, Country A can produce40units of Product 1 or60 units of Product

Consider a hypothetical world with two countries: Country A and Country B. Per hour, Country A can produce40units of Product 1 or60 units of Product 2, while Country B can produce500units of Product 1 or30units of Product 2. Each country has150

worker hours. Assume that, initially, each country devotes50%of its available time to each product.

Calculate the increase in total world production ofProduct 1 if each country starts specializing in its comparative advantage.

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