The tables show combinations of two goods, steel and cloth, that can be produced in two nations ABC and RST. In ABC Steel 0 20 30 40 60 Cloth 100 75 50 25 0 In RST Steel 0 25 50 75 Cloth 300 200 100 0 Using figures from the table plot each nation's production possibility curves on the back. Label each of the curves. Which nation has anabsoluteadvantage in the production of cloth?_______ In steel? ______ Which nation has acomparativeadvantage in the production of cloth?______ In steel? ______ According to the Law of Comparative Advantage, nation _____ will export cloth and import steel. Nation _____ will export steel and import cloth