Using the chart below, answer the following questions.Beef (Ibs.)Bread # , loaves)Country X200100Country Y15050a. Who has the absolute advantage in producing beef? Explain.b. Who has the comparative advantage in producing beef? Explain.c. Country X and Country Y specialize ano trade 1 loaf of bread for 4 pounds of beef.i. Is this trade beneficial for Country X? ii. Is this trade beneficial for Country Y?d. Can a country produce outside of its PPC?Explain.

Using the chart below, answer the following questions. Beef (Ibs.) Country X Country Y . Who has the absolute advantage in producing beef? Explain. . Who has the comparative advantage in producing beef? Explain. . Country X and Country Y specialize and trade 1 loaf of bread for 4 pounds of beef. I. Is this trade beneficial for Country X? ii. Is this trade beneficial for Country Y7 Can a country produce outside of its PPC? Explain