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Looking at the above table1 answer the questions below: I CaJeuJate the autarky price ratios l m country,r has a comparative advantage in Pizza? Why?

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Looking at the above table1 answer the questions below: I CaJeuJate the autarky price ratios l m country,r has a comparative advantage in Pizza? Why? 1 Which country,r has a comparative advantage in Beer? 'Why'? I Suppose that Country,r A. has IEIJ-[I hours of labor available. Construct the PPF for lClountry A. l Suppose both country's decide to specialize their production on the good that they hold a comparative advantage. Construct Country A's lEon- surnption Possibilities Frontier [CPFJ with trade it the terms of trade are 2 slices of pizza: 1 pint of beer. Explain your graph. l Under which scenario both countries are going to trade'lII More precisely, in order for trade to exist1 what is the condition on the free trade price ratio1 ie: PpiszFbun that assures there will he trade between country A and E? \"'hy'? {Remember the free trade price ratio needs to be between two values in order for both countries to trade}

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