Question 5: Suppose Canada and the United States produce syrup and honey, which are sold at the same price in both countries. These are the quantities of goods that each country can produce in one :day Canada United States of America Juice Honey Juice Honey 50 0 60 0 40 10 45 10 30 20 30 20 20 30 15 30 10 40 0 40 50 0 0 1. Draw the production possibilities curve 2. Which country has a competitive advantage in juice production? Which country has a competitive advantage in honey production 3. Suppose that Canada currently produces 30 tons of honey and 15 tons of juice, and the United States currently produces 10 tons of honey and 40 tons of juice. Prove that Canada and the United States would be better off if they specialized in producing only one commodity and trading with the other