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Can you help with these economics (international trade) questions. Question 11 (1 point) Saved Suppose the technology and resource variables in the two countries take

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Can you help with these economics (international trade) questions.

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Question 11 (1 point) Saved Suppose the technology and resource variables in the two countries take the values as given below- Labour per pound of Labour per gallon of Total labour force cheese wine Country = 10 2LIF = 30 L = 120 A Country a* = 50 a* = 25 LC LW L = 250 B If the two countries specialize according to the Ricardian theory of comparative advantage, country A will produce ...units of .... ... & country B will produce of 10, wine, 5, cheese. 12, wine, 6, cheese. 12, cheese, 10, wine. 8, cheese,5, wine. 15, cheese, 25, wine.Question 12 (1 point) Saved If Home has a comparative advantage in wine production, then we must have O aLc/2LW 2LC* / 2LW aLc/2LW = 2LC*/aLW* O aLW /aLC =1 Onone of the above

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