How would you determine the real price of autos if trade is allowed given your graph above?

f) If 300 diamonds are exported and 2500 autos are imported and the price of an auto is $1,000, then

what is the price of a diamond?

g) If the GDP for this country is $9,300,000 then find the value for the index of openness based on the

trade described in part f).

h) You were told in part d) which good the FSE has a comparative advantage in. How could you tell this

using the HO model and the graph you just drew?