Questions (d) (e) (f) need help

I. Ricardo model of trade Consider that case of two Countries: (N)orth and (S)outh. There are two commodities: (C)ars and (R)ice. Inputs to Produce 1 car: 10 hours of labor in N vs 40 hours of labor in S. Inputs to Produce l sack of rice: 15 hours of labor in N vs 20 hours of labor in S Produce a graph that demonstrates that if the relative price of cars to rice were any amount smaller than 2/3 country N would only produce rice. Describe what your graph is showing. Produce a graph that demonstrates that N will only produce cars if the relative price of cars to rice were to exceed 2/3. Describe what your graph is showing. Compute the autarky price of cars in S (assume that they do not consume only one good) Combining these two exercises, argue that if both goods are consumed, once the economies are open to trade, then the relative price of cars to rice must lie between 2/3 and 2/1. Assume the relative world price under trade is 2/ 3. Does N benefit from trade? Why? Assume the relative world price under trade is 2/3. Does S benet from trade? Why