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Part 4 International Trade Product Italy England Sweaters 2.300 2.100 Wine 8,600 5.400 Production possibilities for wine (hires) and wool sweaters in England and Italy 16. Which country has a comparative advantage in the production of sweaters? A. Italy B. England 17. Who gains more if the terms of trade are (132 sweaters per litre of wine? A. Italy B. England 18. What is the world gain in sweaters if 5600 litres of wine are traded? A. . 430 B. - 460 C- 490 D. 520 19. What is Italy's gain in sweaters it 2600 litres of wineare traded at terms of 0.32? A. ...180 B. 270 20 Italy's gain would increase if the terms rose to 0.5 A. True B. False