11. Country 1 has 60 million hours of labor in total per year.Country 2 has 40 million hours of labor per year.In Country 1 it takes 30 hours of labor to produce a ton of wheat and 20 hours of labor to produce a ton of corn.In Country 2 it takes 20 hours of labor to produce a ton of wheat and 8 hours of labor to produce a tone of corn.

a) Which country has the absolute advantage in wheat?In corn?

b) Which country has a comparative advantage in wheat?In corn?

c) Which country exports each good to the other country?

d) What will happen to total corn and wheat production across the two countries?

Explain.