(a) Theory question: Explain the specific factors model or Ricardo-Viner model using the example in the textbook (cloths and tobacco, do not include slaves in your model). Assume that tobacco is the only export product of the country while the cloth industry has to compete with imports, which is assumed to be the only import product of the country. Assume now that the domestic currency appreciates. How does this affect the terms of trade of the country? Describe the dynamic taking place in the R-V model as a consequence of the appreciation. Use graph(s) to support your arguments. Present the income consequences of such a measure on workers, capital/factory owners of cloths and land owners of tobacco production. (b) Identify the 2 main export and 2 main import products of Thailand with Vietnam. Calculate an estimate of the terms of trade based on these four products for 2014 until 2018. What conclusions can you draw from your findings about the trade position of Thailand versus Vietnam