0.75 pts Suppose Alpha and Omega are the only two countries in the world. Alpha produces 250 units of peanuts if it puts all its resources in making peanuts. Alpha produces 150 units of popcorn if it puts all its resources in making popcorn. Omega produces 100 units of peanuts if it puts all its resources in making peanuts. Omega produces 300 units of popcorn if it puts all its resources in making popcorn. Peanut is measured on the horizontal axis and popcorn is measured on the vertical axis. If each country decides to trade; then they trade 100 units of popcorn for 100 units of peanuts. (Remember: the country that has comparative advantage in a product will export it & the country that does not have comparative advantage in that product will import it) Now suppose that each country decides to completely specialize in the good in which each has a comparative advantage. By specializing, what is the total world production of each product now? O 125 peanuts, 150 popcorn 150 peanuts, 200 popcorn O 250 peanuts. 300 popcorn 0.75 peanuts, 100 popcom