There are two countries, Home and Foreign. Labor is the only factor of production. There are two goods, X and Y. The following table shows the output of each good per hour of labor, in the two countries. Home has 100 units of labor, Foreign has 500 units of labor.

	Home	Foreign
Good X	1	4
Good Y	3	24

A.)Home has Absolute Advantage in:

Good X only.

Good Y only.

Both Good X and Good Y.

Neither Good X nor Good Y.

It cannot be determined by the information given.

B.)Home has Comparative Advantage in:

Good X only.

Good Y only.

Both Good X and Good Y.

Neither Good X nor Good Y.

It cannot be determined by the information given.

C.)Home will export:

Good X only.

Good Y only.

Both Good X and Good Y.

Neither Good X nor Good Y.

It cannot be determined by the information given.

D.)Putting quantity of good X on the horizontal axis, and quantity of good Y on the vertical axis, calculate the slope of the Home Production Possibilities Curve. Enter a whole or decimal number, as appropriate. Enter 0 if the answer cannot be obtained with the information given. Only exact answer accepted.

________

E.)Putting quantity of good X on the horizontal axis, and quantity of good Y on the vertical axis, calculate the horizontal intercept of the Foreign Production Possibilities Curve. Enter a whole or decimal number, as appropriate. Enter 0 if the answer cannot be obtained with the information given. Only exact answer accepted.

________

F.)Putting quantity of good X on the horizontal axis, and quantity of good Y on the vertical axis, calculate the vertical intercept of the Foreign Production Possibilities Curve. Enter a whole or decimal number, as appropriate. Enter 0 if the answer cannot be obtained with the information given. Only exact answer accepted.