Assume that there are two nations in the world: Nation I and Nation II. Each nation produces two products for consumption: X and Y. In autarky condition, Nation I produces and consumes at A (50 units of product X,60 units of product Y), Nation II produces and consumes at A'(20 units of product X,40 units of product Y). With the trading between 2 nations, they decide to specialize on the product that they have more advantage regarding their resources. Thus, production specialization points for the two countries are B (130 units of product X, 0 unit of product Y), B'(0 units of product X, 120 units of product Y). Assume the trading ratio is 60 units of product X equal to 60 units of product Y, please graph the Production Possibility Frontier, identify the new consumption points and gains from trade. Provide a detailed explanation for your solution, discussion, and conclusion. Notes: Please use any tool that you feel comfortable with (i.e excel and word, or PPT) to complete the graph. Unclear handwriting will negatively influence the quality of your diagram. Make sure that you provide sufficient notes for the diagram