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When a country specializes in the production of a good, this means that it can produce this good at a lower opportunity cost than its trading partner. Because of this comparative advantage, both countries benefit when they specialize and trade with each other. The following graphs show the production possibilities frontiers (PPFs) for Candonia and Desonia. Both countries produce potatoes and tea, each initially (that is, before specialization and trade) producing 18 million pounds of potatoes and 9 million pounds of tea, as indicated by grey points (star symbols) labeled point A. (?) Candonia Desonia 48 48 42 42 36 TEA (Millions of pounds) PPF TEA (Millions of pounds) 30 30 24 24 18 PPF 18 12 12 6 12 18 24 30 36 42 4.8 6 12 18 24 30 36 42 48 POTATOES (Millions of pounds) POTATOES (Millions of pounds)Candonia has a comparative advantage in the production of v , while Desonia has a comparative advantage in the production of v . If each 'Fullv specializes {that is, produces onlvr the good for which each has a comparative advantage), the most the two countries can produce is |:| million pounds of potato and \\:| million pounds of tea. Suppose that Candonia and Desonia specialize and open up to international trade, and the terms of trade in the world market are 1 pound of potatoes for 1 pound of tea. That is, Candonia is willing to sell Begonia 1 pound of potatJoa in exchange for 1 pound of tea, and Desonia is Iwilling to sell Candonia 1 pound of tea in exchange for 1 pound of potatoes. The countries decide to exchange 12 million pounds of potato for 12 million pounds of tea. The following graph shows the same PPF for Candonia as before, as well as its initial consumption at point A. Use the green line (triangle symbol) to plot the trading possibilities line (TPL) for Candonia. Then place the black point (plus symbol) on the trading possibilities line to indicate Candonia's consumption after specialization and trade. Note: Dashed drop lines will automatically extend to both axes. (? ) Candonia 48 A 42 TPL 36 TEA (Millions of pounds) 30 Consumption After Trade 24 18 PPF 12 A 6 12 18 24 30 36 42 48 POTATOES (Millions of pounds) The following graph shows the same PPF for Desonia as before, as well as its initial consumption at point A.As you did for Candonia, use the green line (triangle symbol) to plot the trading possibilities line (TPL) for Desonia. Then place the black point (plus symbol) on the trading possibilities line to indicate Desonia's consumption after specialization and trade. Desonia 18 A 42 TPL 36 PPF + TEA (Millions of pounds) 30 Consumption After Trade 24 18 12 A 0 6 12 18 24 30 36 42 48 POTATOES (Millions of pounds)True or False: Without engaging in international trade, Candonia and Desonia would have been able to consume at the after-trade consumption bundles. (Hint: Base your answer to this question on the answers you previously entered on this page.) O True O False