Part III Calculation and Graph Analysis Answer all the questions in this part, please include the calculation method and process in your answer. (32 points total) 1. labor hours to make UK. ROW 1 umbrella 3 2 1 bushel ofcom l 0.25 Refer to the above table, and answer the following questions: (3 points) 1) In which product does the UK. have an absolute advantage? Why? 2) Please calculate the opportunity cost for each product in the U.K. and ROW. 3) In which product does the LLK. have a comparative advantage? Why? 4) If the U.K. and the Rest of the World begin to trade with each other, the international price of umbrellas will lie between and