5. The following describes labor productivity in wine and cloth production in the U.K. and Portugal. (The two countries only trade with one another.) Productivity Hours of labor Liters of wine per Meters of cloth per year labor hour per labor hour Portugal 24 billion 0.6 0.8 U.K. 80 billion 1.0 2.4 a. What is the pre-trade (autarky) price of a meter of cloth (in terms of liters of wine) in Portugal? In the U.K.? Briefly explain. b. Which country will export wine when trade opens? Briefly explain. C. Draw Portugal's yearly ppc. (Put meters of cloth on the horizontal axis.)