Consider the following data on the factor endowments of two countries: United States India Labor Force (Millions of Workers) 163 520 Capital Stock (Trillions of USD worth) 51 21. In the trade equilibrium you analyzed above, assume immigration takes place. Specically, suppose the labor force in the US increases by ML, but the pattern of comparative advantage does not change. a. Show the new world trade equilibrium. Explain how production and consumption of both goods change. b. Show how much labor and capital usage in each industry reallocate. c. Analyze the aggregate welfare effects of immigration (Is immigration good?)