Question: Short Answer Question#2 (20 points) Figure: The Production Possibility Frontiers for Costa Rica and Guatemala (Figure: The Production Possibility Frontiers for Costa Rica and Guatemala).Look

Short Answer Question#2 (20 points)

Figure: The Production Possibility Frontiers for Costa Rica and Guatemala

(Figure: The Production Possibility Frontiers for Costa Rica and Guatemala).Look at the figure The Production Possibility Frontiers for Costa Rica and Guatemala. In autarky, Costa Rica produces and consumes 50 tons of pineapples and 75 tons of coconuts, while Guatemala produces and consumes 45 tons of pineapples and 90 tons of coconuts. Assume each nation specializes completely, based on comparative advantage, and the price of 1 ton of coconut equals 0.60 tons of pineapples. If,after the opening of tradebetween both countries, Costa Rica now consumes 40 tons of pineapples and 100 tons of coconuts, then Costa Rica's must have exported a total of ___(a)____ tons of __(b)_____ to Guatemala and imported a total of ___(c)___ tons of ___(d)______ from Guatemala.

Type in your response/answer for each letter below.

Figure: The Production Possibility Frontiers for Costa Rica and Guatemala

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