Johns Hopkins School of Advanced InternationalStudiesInternational Economics IProblem Set 2, Spring 2024*Consider the economy of two countries, Saudi Arabia (S) and Germany (G), producingtwo goods, Oil (O) and Medicines (M), initially not trading with each other.()()()There are three factors of production, entrepreneursE, landT, and laborL.Oil production uses entrepreneursEand landT, butdoes notuse laborL.Medicine production uses entrepreneursEand laborL, butdoes notuse landT.Assume production