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The following are hypothetical production possibilities tables for Canada and the United States Canada's Production Possibilities Table The United States' Production Possibilities (Millions of bushels) Table (Millions of bushels) A B C D A B C D Oranges 0 5 10 15 Oranges 0 30 60 90 Peaches 45 30 15 0 Peaches 30 20 10 When plotting lines on the graph, select which line you want to plot from the drop down menu at the top of the graph. For each line required, plot any two or more points on the line. a) Plot Canada's production possibilities curve by plotting at least 2 points on the curve. . Canada's Production Possibilities Curve 105 90 75 Oranges (millions of bushels) 15 30 1560 7590 105 Reset Peaches (millions of bushels) b) Plot the United States' production possibilities curve by plotting at least 2 points on the curve on the graph above. c) What is each country's cost ratio of producing Peaches and Oranges? Canada : Peaches = 0 Oranges The United States : 0 Peaches = 0 Oranges d) Which nation should specialize in which product? Canada : (select one) The United States : (select one) e) Plot Canada's trading possibilities curve (by plotting at least 2 points on the curve) if the actual terms of the trade are 1 peach for 1 orange. f) Plot the United States' trading possibilities curve (by plotting at least 2 points on the curve) if the actual terms of the trade are 1 peach for 1 orange. ") Suppose that the optimum product mixes before specialization and trade were B in Canada and C in the United States. What are the gains from specialization and trade? Peaches : 0 Oranges : 0