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This is the question of international economics . Please look at both the images and make the graph according to question please let me know

This is the question of international economics . Please look at both the images and make the graph according to question please let me know the steps of how to do it . And also answer the mCQ also

In the first image please tell me how to make the graph you can read the instructions from point f . Please make the graph properly .

image text in transcribedimage text in transcribed
\fThis exercise applies the basic Ricardian model of one factor and two goods. The table below contains the output per hour of labor in Foreign and Home for each of two goods. Use this information to answer the questions that follows. Cheese Wine Home 5 pounds :1 gallons Foreign 1 pounds 3 gallons Which of the following statements is true? "iii- A. Home specializes in the production ofcheese and wine. a}? B. Foreign specializes in the production of wine. -:"::- C. Home specializes in the production of wine. '1"? D. Foreign specializes in the production of cheese and wine. Suppose that Foreign uses one hour of laborto produce wine. Then it trades that output for the other good at a once ratio of PCIPW = 1. Through trade Foreign can gain: 0 A. 5 pounds ofcheese. C) B. 2 pounds ofcheese. Q) C. 1 pound ofcheese. n D. 3 pounds ofcheese

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