.II Visible WiFi av 22:48 4 (i) 22%! Expert Q&A Done Discussion Questions 1. Explain how the United States, being a large economy with an abundance of natural resources, labor, and capital, can benet by not being in autarky. 2. It was shown in the Video that the United States had the comparative advantage in burgers. Using the table below, show and explain how Mexico has the comparative advantage in phones. Total Production for Mexico and the United States Mexico United States Possibility Burgers Phones Burgers Phones 3. From your answer in the previous question, what is the opportunity cost of burgers for the United States, i.e. how many burgers must the United States give up to produce one phone? What would be an agreeable terms of trade for 1 phone? 4. At the end of the video, a supply and