Analyze the following two countries with linear (constant opportunity cost) production functions. The production technology is given by the following unit labor requirements: United States Mexico (*) Hats 1 4 Shoes 3 The total labor endowment in each country is 40 hrs. (a) Graph the PPF's for the US and Mexico (put Shoes on the vertical axis). (b) Which country has an absolute advantage in which good? Explain. (c) Which country has a comparative advantage in which good? Explain.

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