Part II: True / False / Uncertain (20 points} Instructions. Determine whether each of the following statements is true, false or uncertain, and briey justify your answer (2-3 sentences). No credit will be given for unsupported answers. 1. (5 points) Spain has an absolute productivity advantage in producing shoes, so it will export shoes. 2. (5 points) The Ricardian Model is useful to examine how workers in the same sector can be differently affected due to international trade. 3. (5 points) Specic factors of production gain more from trade (or trade liberalization) than mobile factors. 4. (5 points) Suppose that Home and Foreign can produce two goods (M and X ) using two factors of production (K and L) with a bowed-out production possibilities frontier (PPF), and suppose that production of M is K-intensive. If Home has a relative abundance of L compared with Foreign, then K owners in Home should be against free trade policies