Instructions: Include correctly labeled diagrams, if useful or required, in explaining vour answers. A correctly labeled diagram must have all axes and curves clearly labeled and must show directional changes. Make sure to fill out the charts with the correct numbers. If the question prompts you to \"Calculate,\" vou must show how you arrived at vour final answer. Question #1: (8 points) Brazil and Argentina are trading partners. Both countries have the same amount of resources and can produce beef and/or coffee. The table below shows the maximum number of units of beef or coffee that can be produced by each countrv. sering 30| _ Opportunity Cost of making 1: Eer o b | (a) Fill out the opportunity cost chart of making beef and coffee for Brazil and Argentina Countries (b) Which country has the comparative advantage in the production of beef? Explain using the opportunity cost numbers you calculated. (c) Now assume each country specializes in the production of the good in which 1t has a comparative advantage, and the terms of trade are 6 units of beef for 1 unit of coffee. Will Argentina gain from trade? Explamn. (d) Suppose the maximum production of coffee in Argentina increases to 10 coffees. How will this affect Argentina's opportunity cost of producing beef? Explain