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Assume that the United States and Korea have the same amount of resources and identical technologies that can be used for the following purposes. The

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Assume that the United States and Korea have the same amount of resources and identical technologies that can be used for the following purposes. The United States can produce 60 pharmaceutical goods (thousands of vials of vaccine) or 30 electronic goods (thousands of TV sets) or any combination'. Korea can produce 50 pharmaceutical goods or 30 electronic goods or any combination. tput problem? Explain how you know. (a) Is this an input or an ou (19) Create a table showing the above data for each person and the opportultyrcosts. Show your math. (0) Which country has an absolute advantage in the production of pharmaceuticals and lectronics'? Explain how you determined which has an absolute advantage in the production of e your answer. _ (d) Which country has a comparative advantage in the production of pharmaceuticals and Which has a comparative advantage in the production of electronics? Explain how you determined your answer. (e) Assume that the two countries trade, an 1.85 units of pharmaceuticals. Explain why the country trade. (1 that one unit of electronics is exchanged for that imports electronics will gain from

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