The following are hypothetical production possibilities tables for Canada and Mexico. Canada's Production Possibilities Table Mexico's Production Possibilities Table (Millions of bushels) (Millions of bushels) A B C D A B C D Bananas 0 10 20 30 Bananas 0 20 40 60 Peaches 90 60 30 0 Peaches 30 20 10 0 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 Canada's production possibilities curve by plotting at least 2 points on the curve. Canada's Production Possibilities Curve Canada's Production Possibilities Curve Mexico's Production Possibilities Curve Canada's Trading Possibilities Curve Mexico's Trading Possibilities Curve 90- 75- 60- Bananas (millions of bushels) 45- 30- 15- 0 15 30 45 60 75 90 105 Reset Peaches (millions of bushels)b} Plot Mexico's production possibilities curve by plotting at least 2 points on the curve on the graph above. c) What is each country's cost ratio of producing Peaches and Bananas? nada: Peaches = Bananas Mexico: Peaches = Bananas d} Which nation should specialize in which product? Menu 9) Plot Canada's trading possibilities curve (by plotting at least 2 points on the curve} if the actual terms of the trade are 1 peach for 1 banana. 1) Plot Mexico's trading possibilities curve (byr plotting at least 2 points on the curve) if the actual terms of the trade are 1 peach for 1 banana. 9} Suppose that the optimum product mixes before specialization and trade were B in Canada and B in Mexico. What are the gains from specialization and trade