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please help me with this. Table 1 Country A Country B Textiles 5 Soybeans 5 The numbers in the table indicate the number of hours

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Table 1 Country A Country B Textiles 5 Soybeans 5 The numbers in the table indicate the number of hours required to produce 1 unit of the good Question 22 to 25: please refer to Table 1 21. Who has the comparative advantage at Textiles, and why? a. Country A, since PTA/PSA=1.25 and PT.B/p58=1 b. Country B, since PTA/PSA=1.25 and PT.B/ps.8=1 c. Country A, since the number of hours required to make soybeans in A is lower than in B d. Neither Country A nor Country B, since the the number of hours required to make soybeans in A is equal to the number of hours required in B 22. What is PT in Autarky? a. PT.5-4 in Country B, and PTA=4 in Country A b. PT.E=4we in Country B, and PTA=4w* in Country A C. PT.5=4% in Country B, and PTA=1 in Country A d. PT.5=5we in Country B, and PT.A=5w* in Country A 23. The Terms of Trade (PS/P ) can be equal to 1.1 when Country A and Country B open up to trade a. True b. False c. Not enough information d. Too much information!? 24. What are the per-unit gains of specialization based on comparative advantage? a. Soybeans: 0, Textiles +0.25 b. Soybeans: +1, Textiles +5/4 C. Soybeans: +0.25, Textiles: 0 d. Soybeans: -1, Textiles +0.25

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