A country produces agricultural goods (A) and manufactured goods (M) under conditions of increasing marginal opportunity costs. Initially the country does not trade. a. Draw the production possibility curve for this economy (call it "Home.") Explain the slope and shape of the curve. b. Show the equilibrium in the Home economy in the absence of international trade (autarky.) c. The world relative price of M is higher than Home's. What will Home export and import if it trades freely with the rest of the world? (Explain and show hypothetical imports and exports on your diagram. Assume Home is a small country in the sense of not being able to affect the world relative price.) d. Does Home benefit from international trade? (Again, show and tell fully but briefly.)