Use the table below (or the spreadsheet) to answer the following questions Colombia US Export: Coffee Import: Computers Import: Coffee Export: Computers Unit Cost (pesos) 1000 1000 Unit Cost ($) 1000 1000 Old Exchange Rate 10 pesos = $1 10 1 peso = $0.10 0.1 BUYER VIEW of item price: New Exchange Rate 20 pesos = $1 20 1 peso = $0.05 0.05 BUYER VIEW of item price: 1. What happens to Colombia's exports and imports following this currency devaluation? a. how does the cost of imports look to Colombian buyers (in pesos) before and after? Give specific peso prices. b. how does the cost of exports look to US buyers (in $)before and after? Give specific dollar prices. c. what would happen to Colombia's trade balance