In a Ricardian world, Home and Foreign produce two goods, Apples and Bananas. In

autarky, both countries produce both goods. The following information is available:

1. In a Ricardian world, Home and Foreign produce two goods, Apples and Bananas. In autarky, both countries produce both goods. The tollowing information is available: Notrade Equilibrium Home Apples Bananas wA = S MPLA = 3 P3 2 Notrade Equilibrium Foreign Apples Bananas w}; = 6 MPLB = l P; = 3 (a) 1vrhat is the marginal product of labour for Apples and Bananas in the Home country? \"That is the Itotrade relative price of Apples at Home? [11!) \"th is the marginal product of labour for Apples and Bananas in the Foreign country? \"That is the Itotrade relative price of Apples in Foreign? (c) If there is treetrade, which good will each oountry export? (d) The wage measured in $ per unit [hour1 worker, etc.) is called a mmia! wage. The real wage is the wageJ in, measured relative to the prioe of a oonsumption good: i.e. it measures how much a worker earns in units of one of the consumption goods. In the trade equilibrium' what is the real wage at Home in terms of Apples and in terms of Bananas?I Compare this to real wages at Home with notrade. (e) In the trade equilibriumJ do Foreign workers earn more or less than those at Home {in terms of ability to purchase goods}