(Solved): I need help with this question In the following table, enter each country's production decision on ...

I need help with this question

In the following table, enter each country's production decision on the third row of the table (marked "Production"). Suppose the country that produces pistachios trades 14 million pounds of pistachios to the other country in exchange for 42 million pairs of chinos. In the following table, select the amount of each good that each country exports and imports in the boxes across the row marked "Trade Action," and enter each country's final consumption of each good on the line marked "Consumption." When the two countries did not specialize, the total production of pistachios was 18 million pounds per week, and the total production of chinos 52 million pairs per week. Because of specialization, the total production of pistachios has increased by production of chinos has increased by million pairs per week. Because the two countries produce more pistachios and more chinos under specialization, each country is able to gain from trade. Calculate the gains from trade-that is, the amount by which each country has increased its consumption of each good relative to the first row of the table. In the following table, enter this difference in the boxes across the last row (marked "Increase in Consumption").