Question: please answer each question clearly. thanks. Suppose there exist two imaginary countries, Congaree and Denall. Their labor forces are each capable of supplying four million

Suppose there exist two imaginary countries, Congaree and Denall. Their labor forces are each capable of supplying four million hours per day that can be used to produce chinos, pistachios, or some combination of the two. The following table shows the amount of chinos or pistachios that can be produced by one hour of labor. Suppose that initially Denall uses 1 million hours of labor per day to produce chinos and 3 million hours per day to produce pistachios, while Congaree uses 3 million hours of labor per day to produce chinos and 1 mililon hours per doy to produce plistachios. As a result, Congaree produces 15 miliion pairs of chinos and 20 million pounds of pistachios, and Denali produces 8 malion pairs of chinos and 48 million pounds of pistachios, Assume there are no other countries waling to engage in trade, so, in the absence of trade between these two countries; each country consumes the amount of chinos and pistachios it produces. Congaree's opportunity cost of producing 1 pair of chinos is of pistachios, and Denall's opportunity cost of producing 1 pair of chinos is of pistachios. Therefore, comparative advantage in the production of pistachios. has a comparative advantage in the production of chinos, and has a Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. In this case, the country that produces chinos will produce mitlion pounds per day. million pairs per day, and the country that produces pistachios will produce In the following table, enter each country's production decision on the third row of the table (marked "Production "). Suppose the country that produces chinos trades 18 million pairs of chinos to the other country in exchange for 54 milion pounds of pistachios. 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 chinos was 23 mililon pairs per day, and the total production of pistachios was 68 million pounds per day. Because of specialization, the totai production of chinos has increased by production of pistachios has increased by million pounds per day. milition pairs per day, and the total Because the two countries produce more chinos and more pistachios under specialization, each country is able to gain from trade. Calculate the gains from trade-that 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")
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