I'm working on Specialization & production possibilities and The price of trade. Can you explain these in better explanation. Thanks

1. Specialization and production possibilities Suppose Argentina produces only tablets and smartphones. The resources that are used in the production of these two goods are not specialized-that is, the same set of resources is equally useful in producing both smartphones and tablets. The shape of Argentina's production possibilities frontier (PPF) should reflect the fact that as Argentina produces more smartphones and fewer tablets, the opportunity cost of producing each additional smartphone remains constant The following graphs show two possible PPFs for Argentina's economy: a straight-line PPF (PPF1 ) and a bowed-out PPF (PPF2). (? ) Graph 1 Graph 2 PPF PPF 2 TABLETS TABLETS SMARTPHONES SMARTPHONES Based on the previous description, the trade-off Argentina faces between producing smartphones and tablets is best represented by Graph 1 7 .5. The price of trade Suppose that France and Germany both produce sh and olives. France's opportunity cost of producing a crate of olives is 4 pounds of sh while Germany's opportunity cost of producing a crate of olives is ID pounds of sh. By comparing the opportunity cost of producing olives in the two countries, you can tell that France V has a comparative advantage in the production of olives and Germany V has a comparative advantage in the production of sh. Suppose that France and Germany consider trading olives and sh with each other. France can gain from specialization and trade as long as it receives more than 4 pounds V of sh for each crate of olives it exports to Germany. Similarly, Germany can gain from trade as long as it receives more than 1/10 crate V of olives for each pound of sh it exports to France. Based on your answer to the last question, which of the following prices of trade (that is, price of olives in terms of sh) would allow both Germanyr and France to gain from trade? Check all that apply. D T" pounds of sh per crate of olives D 2 pounds of sh per crate of olives 16 pounds of sh per crate of olives 9 pounds of sh per crate of olives