'hapter 03 Homework In the following table, select the amount of each good that each country exports and imports in the boxes across the row marked "Trade Action,\" and enter each country's final consumption of each good on the line marked \""Consumption.\" When the two countries did not specialize, the total production of shorts was 23 million pairs per day, and the total production of almonds was 68 million pounds per day. Because of specialization, the total production of shorts has increased by E million pairs per day, and the total production of almonds has increased by :] million pounds per day. Because the two countries produce more shorts and more almonds under specialization, each country is k{e to gain from trade. Calculate the gains from tradethat is, the amount by which each country has increased its consumption.of each good relative to the first row of the table. In the following table, enter this difference in the boxes across the last row (marked \"Increase in Consumption\"). Sequoia Denali Shorts ] Almon:is Shorts Almonds (Millions of pairs) (Millions of pounds) (Millions of pairs) (Millions of pounds) Without Trade Production 15 20 8 48 Consumption 15 20 8 48 With Tr?de Production :] Trade action Consumption Gains from Trade 0] f0 . [ o Increase in Consumption Grade It Now Save & Continue