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Table 2 - 5 One Cell Lumber ( per Phone board foot ) Estonia 4 0 hours 8 hours Finland , 1 5 hours hours

Table 2-5
One Cell Lumber (per
Phone board foot)
Estonia 40 hours 8 hours
Finland ,15 hours hours
Table 2-5 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland.
Suppose there are 3,000 total labor hours available in Estonia and 1500 total labor hours in Finland. Assume both countries are engaged in international trade. Lastly; if the agreed international price cellphones is 4.5 and the country with the comparative disadvantage in cellphones intends to import 36 cellphones, then the gains from trade for Estonia and Finland are, respectively?
213 lumber & 36 cellphones; 162 lumber & 64 cellphones.
215 lumber & 36 cellphones; 162 lumber & 60 cellphones.
213 lumber & 40 cellphones; 160 lumber & 69 cellphones.
219 lumber & 46 cellphones; 182 lumber & 66 cellphones.
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