The following table describes the production possibilities of two cities in the country of Baseballia: Pairs of Red Socks per Worker per Hour Pairs of White Socks per Worker per Hour Boston 3 5 Chicago 5 4 Without trade, the price of a pair of white socks (in terms of red socks) in Boston is lfl Hair V of red socks, and in Chicago it is 4/5 pair V of red socks. Chicago V has an absolute advantage in the production of red socks, and Boston V has an absolute advantage in the production of white soc ks. Chicago 1" has a comparative advantage in the production of red socks, and Boston V has a comparative advantage in the production of white soc ks. If the cities trade with each other, Boston will export V socks, and Chicago will export V socks. e The price of white socks can be expressed in terms 0 ks. The highest price at which white socks can be traded that would make both Cities better off is V of red socks per pair 0 white ocks, and the lowest price that makes both cities better off is V of red _' Q. socks per pair of white socks