Ford and General Motors are considering expanding into the Vietnamese automobile market. In the table below, the figures in parentheses represent the possible profits that could result from this expansion. The first number refers to Ford's potential profit, and the second number refers to GM. Using strategic game scenarios such as the prisoner's dilemma, answer the questions below. (3 points)

		GM
		Expand	Don't Expand
Ford	Expand	($2million, $2million)	($4million, $1million)
Don't Expand	($1million, $4million)	($3million, $3million)

a. What is the dominant strategy for both Ford & GM? (1 point)

b. What would be in Ford & GM's interest to do if they could collude or signal their intensions "legally?" (1 point)

c. If both Ford & GM were behaving according to the theory suggested by Nobel Laureate John Nash (i.e. Nash Equilibrium), what should they do? (1 point)