Question 16 (10 marks) Steels 300 1 50 Textiles 300 300 Total 600 450 Table 1.0 China and indie trading statistics Table 1.0 showed the total production of China and India in producing steel and textiles. The trading between China and India could strengthen the relationships between both countries. a) Which country is said to have an absolute advantage? (1 mark) b) In refer to table 1.0. how does the specialization is determined? (3 marks) 0) Suggest the possible toms of trade that could benefit China and India. (2 marks) d) Calculate the prot earned by China and India? (4 marks)