Question: Please show your solution Answer the following questions using the information from the table below. Country X Country Y Good A Good B Good A

Please show your solution

Answer the following questions using the information from the table below. Country X Country Y Good A Good B Good A Good 8 a. What is the opportunity cost of producing one unit of Good A in terms of Good B for both countries? Country X: 1/3 For Country Y:10 b. In the no specializationno trade case, country X produces and consumes 60 units of good A and 10 units of good B. Country Y produces and consumes 20 units of good A and 20 units of good B. If the two countries specialize and trade, how many more units of good Y will country A consume? 5 c. If the two countries specialize and trade, and the actual amounts traded are 25 units of good A for 10 units of good B, how many more units of good A will country X consume by specializing and trading? country X consumes 75 additional unit of good A

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