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24 points total) This question asks you to examine the role of trade between two countries named East and West. Both countries produce two goods,
24 points total) This question asks you to examine the role of trade between two countries named East and West. Both countries produce two goods, apples and bananas. There are 4 workers who live in the East and 10 workers who live in the West. Each worker in the East is the same as any other worker in the East. Each worker in the East could produce 20 apples if she spends the year producing apples, or could instead produce 20 bananas if she spends the year producing bananas. Each worker in the West is the same as any other worker in the West. Each worker in the West could produce 5 apples if she spends the year producing apples, or could instead produce 10 bananas if she spends the year producing bananas. Assume it is possible to consume a fraction of an apple or banana, that is, for example, people can buy just half an apple if they want
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