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Can you help with these economics (international trade) questions. Question 10 (1 point) Saved Relative price of cheese, PUPw aic/ain AS `RD Relative quantity of

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

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Question 10 (1 point) Saved Relative price of cheese, PUPw aic/ain AS `RD Relative quantity of cheese. gw .OF In the above diagram for the Ricardian Model, if Pc/PF > a*Lc/a*Lw then - Home will specialize in wine. Home will produce both goods. O Foreign will produce both goods. There will be no supply of cheese. There will be no supply of wine.Question 11 (1 point) v' Saved Suppose the technology and resource 1r-ariables in the two countries take the values as given below- Labouz per pound of Labour per gallon Total labour force cheese If the two countries specialize according to the Ricardian theory of comparative advantage, country A 1will produce ............. units of .................. 5: country B will produce of O 10, wine, 5, cheese. O 12, wine, 6, cheese. 0 12,cheese,10,wine. O 8, cheese,5,rrine. O 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 aLC* / 2LW* O aLc/aLW = aLC* / aLW* O aLw /aLC =1 Onone of the above

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