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Pakistan's Production Possibilities Table Product Berries Charms 0 10 B 15 5 20 0 India's Production Possibilities Table Product A B Berries 0 40 75

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Pakistan's Production Possibilities Table Product Berries Charms 0 10 B 15 5 20 0 India's Production Possibilities Table Product A B Berries 0 40 75 Charms 25 15 0 Given the production possibilities above for Pakistan and India, answer the following questions: a. Sketch the production possibility curve for each country above. b. Which country has an absolute advantage in Berries? Charms? Based on comparative advantage what good should each country produce and why? d. Determine the terms of trade for the two countries

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