3. Assume that two countries, Japan, and Sweden, can alternate between producing car parts and aircraft parts at a constant rate. The table below shows the number of parts per day that each country can produce. Production Possibilities (Industrial) Car Aircraft Japan 250 150 Sweden 100 300 (a) Draw and label the PPFs for Japan and Sweden (with car parts on the horizontal axes and aircraft parts on the vertical axes). (b) Suppose that each country divides its resources evenly between the production of car parts and aircraft parts. If the countries choose not to trade, what is the total world production of car parts and aircraft parts? (c) Suppose that each country decides to specialize entirely in the production of the good in which it has a comparative advantage. By specializing, what is the total world production of car parts and aircraft parts? (d) If the countries specialize and agree to trade 100 car parts for 100 aircraft parts, show on the graphs the gain that each country receives from trade. Use specific values. (e) What characteristic about the price in part (d) allows for gains from trade? Show your work