UNITED STATES                       SOUTH KOREA    VCR PHOTOCOPIER VCR PHOTOCOPIER 0 800 800 0 100 600 600 100 200 400 400 200 300 200 200 300 400 0 0 400 a. Draw the combined production possibilities graphs of the two Nations and indicate on the graph how many of each product will be imported and exported between the two nations.  b. For USA, what is the opportunity cost of one VCR   c. SOUTH KOREA, what is the opportunity cost of one photocopier?    d. If VCR sells for $200 each and photocopier also sells for $200 what will be the terms of trade? Explain clearly.

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