Answer the following questions. Each part of the question is not related to each other. a) Consider a two-country, two-good world and there is no trade restriction. When a country experiences a technological improvement that is strongly biased toward its export (say, good X), what happens to its trading partner's terms of trade? Explain in words only. (7 points) b) "When a large open economy lowers its tariff on its imported goods, the tariff revenues collected must drop." True/False/Uncertain, explain. (8 points)