Please answer question 1 A-D all parts! And as well as a Thurow answer for each part. And explanation if needed for each. These were my answers for my question 5. So use that for reference. Thank you!!

3rob|em Set #2: ECON 2206 Comparative Advantage 1. Comparative Advantage: Refer to your answers to Question 5 on your Chapter 3 W Assignment to answer the following questions. a. Who has the absolute advantage in producing cars? How do you know this? Explain. b. Plug in your MOQs from the Chapter 3 gre-lectgre assignment into the following table. You don't have to show your work but add labels. For example, if you are calculating the MOC for one boat, the label will be in terms of cars and vice yam. Marginal Opportunity Cost to produce: one Boat one Car Germany || = | = Per Unit Trade Price Italy ll = Hll = a. Who has the oomparative advantage in producing boats? How you know this? Explain. b. Who should specialize in producing boats? Why? c. Who should specialize in producing cars? Why? A d. Each 0' the next two questions have a proposed trade. Think about what the per unit trade amounts are and answer the questions: Would both countries agree to trade 1 car for 1 boat? Explain how you know this. If they don't make the trade, who does not agree and why? Would both agree to trade 2 cars for1 boat? Explain how you know this. If they don't make the trade, who does not agree and why? L ooats Curs 5 germany 80 italy 48 It any 100- 80 80 Cours 20 20 20 AN LO SU 100 20 40 600 80 105 boats boats One boat one car germany 80 48 .75 80 1.25 18 80 1.33 60