Question 4 [25 points] The following are hypothetical production possibilities tables for Germany and the United Kingdom. Bananas Bananas Oranges Oranges When plotting lines on the graph, select which line you want to plot from the drop down menu at the top of the graph. For each line required, plot any two or more points on the line. a) Plot Germany's production possibilities curve by plotting at least 2 points on the curve. v Germanfs Production Possibilities Curve s S 8 Bananas (ml llons of bushels) a 4&1'216202423323640444'8 Oranges (millions of bushels) a b) Plot the United lngdom's production possibilities curve by plotting at least 2 points on the curve on the graph above. In) What is each country's cost ratio of producing Oranges and Bananas? ennany: IOranges = IBananas he United kingdom : I Oranges = I Bananas d1Which nation should specialize in which product? Germany: he United lGngdom _ e) Plot Germany's trading possibilities curve (by plotting at least 2 points on the curve) if the actual terms of the trade are I orange for 3 bananas, f} Plot the United Kingdom's trading possibilities curve (by plotting at least 2 points on the curve) if the actual terms of the trade are 1 orange for 3 bananas, 9} Suppose that the optimum product mixes before specialization and trade were C in Germany:r and C in the United Kingdom, What are the gains from specialization and trade