2. (21 Points). Oman produces two goods, Television and Dates, using two factor of production, labor and capital. To produce one television, it requires 4 units of labor and 10 units of capital. To produce 1 unit of dates, it requires 10 units of labor and 5 units of capital. Total available hours of labor and capital are 200 labor and 200 capitals. a. Determine (calculate the full employment production levels of dates and televisions in Oman. What is the relative production of television and corn in Oman? (4pts) b. Following Oman-USA Free trade area, Oman capital availability increased from 200 to 400 due to an increase in foreign direct investment coming from the USA. Determine (calculate) the new relative production of television and dates. (3pts) c. Discuss the pattern of Oman exports in relation to the Hecksher-Ohlin theorem. (3pts) d. Assume initially that the wage rate (w) and the capital rental (c) are both valued at 5 Omani Rials. If both television and dates are produced what must be their prices in the Hecksher-Ohlin framework. (3pts) e Assume that due to the Oman-USA FTA the price of television increased to 80 Omani Rials without changes in the price of dates. Determine (using calculation) the income distribution effect of the price increase. Rank and comment on the proportional changes in the wage rate, the capital rental the price of television and the price of dates (5pts) 1. To which theorem your results in e are consistent with Explain. (3pts)