1b. What is Lalaland's opportunity cost of carvings in terms of clocks? What is Frohlandia's? 1c. What is Lalaland's opportunity cost of clocks in terms of carvings? What is Frohlandia's? 1d. Now assume that Lalaland and Frohlandia can trade with each other, What do you expect to happen to each country's production? Which country will produce carvings? Which country will produce cuckoo clocks? What will be the total number of carvings and the total number of cuckoo clocks produced? carvings and cuckoo clocks. le. Are gains from trade possible in this case? If so, illustrate this by labeling a feasible consumption point that makes each country better off on each graph above. Label Lalaland's point C, and label Frohlandia's point D