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1(d) - 2 points In the Ricardian Model's setup, suppose one US worker can either produce 10 cellphones or 10 computers per hour; one Mexican

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1(d) - 2 points In the Ricardian Model's setup, suppose one US worker can either produce 10 cellphones or 10 computers per hour; one Mexican worker can either produce 5 cellphones or 1 computer per hour. (attention! This is not ULR, this is labor productivity Question : Use a specific trade deal between the US and Mexico as an example to illustrate gains from trade for both economies. (i.e., compare consumption levels for two countries before and after trade) Edit View Insert Format Tools Table 12pt V Paragraph BIJA T2 V

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