International Trade Theory Assignment Daily Output per Worker Country Monitors LCD TVs Leo 1 2 Scorpio 2 6 The table above shows the quantity of computer monitors and LCD TVs that can be produced per worker per workday in Leo and Scorpio. 1. Which country is more efficient at producing Monitors? Which country is more efficient in the production of TVs? (1) 2. Determine the opportunity costs of producing each good in both countries. Express your answer in a table format. (5) 3. On the basis of their Comparative Advantage, which country should specialize in the production of Monitors and which on TVs? Explain your responses to this question. (2) 4. State the limits of the terms of trade for these two goods. (2)