US at point D. The following tables describe the hypothetical PPC (product possibility curves) for Canada and US for aircraft and furniture (both in millions of tonnes). Before trade Canada produces at point C and US A B C D E F aircraft 0 20 40 60 80 100 furniture 40 32 24 16 8 0 Canada A B C D E F aircraft 0 3 6 9 12 15 furniture 225 180 135 90 45 0 In US the opportunity cost of 1 unit of furniture is 2.5 aircraft. In Canada the opportunity cost of 1 unit of aircraft is furniture. US has a comparative advantage in and therefore should import Assume each country specializes in their area of comparative advantage. For trade to occur, the limits of the terms of trade for 1 unit of aircraft will be to * furniture.For trade to occur, the limits of the terms of trade for 1 unit of aircraft will be to # furniture. The countries decide to trade 24 units of aircraft for 48 units of furniture. Fill in the following table: Country/|Before Trade Specialization After Trade Gains in Trade Product Trade (Import/Export) Canada aircraft 6 $ furniture 135 US aircraft 60 $ furniture 16 After trade, will be happy in the Canadian aircraft market. After trade, in the Canadian aircraft market consumers will consume and pay a price