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A ME 38 of 39 China can produce either 60 units of oil or 90 units of cell phones per labour hour. Canada can produce

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A ME 38 of 39 China can produce either 60 units of oil or 90 units of cell phones per labour hour. Canada can produce either 100 units of oil or 62 units of cell phones per labour hour. Suppose Canada follows its comparative advantage in deciding what to produce and trade with China at a trade price of 1.19 units of cell phones per unit of oil. For every 4700 units of the goods that Canada produces and trades with China, what are the gains from trade in terms of the other goods? Answer: units (DO NOT ROUND YOUR CALCULATIONS UNTIL YOU REACH THE FINAL ANSWER. ENTER YOUR RESPONSE ROUNDED TO TWO DECIMAL PLACES, AND NO SEPARATOR FOR THOUSANDS.) Unsure

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