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Counu'yAlpha and Country Gamma are Trade partners, each producing wheat and oil. Alpha is capable of producing 50 tons ofwheat or 75 thousand barrels of oil in a month while Gamma can produce 10 Tons of wheat or 40 thousand barrels of oil in the same month. Based on the theory of comparative advantage, which nation should produce each product? 0 a. Alpha should produce both because it has absolute advantage in bmh' O b. Alpha sh uuld produce wheat and Gamma should produce oil. a Alpha should produce oil and Gamma should produce wheat d. Gamma should pruduce both because it has cumparative advantage For ham goods. 000 e. Both nations should speciahze in nlher premium as neither has comparan've advantage for ewther good