Widget and bracelet products.China and the United Statesmakes each product.China

Widget and bracelet products.China and the United Statesmakes each product.China makes 50000 widgets per year and 25000 bracelets. The United States makeses 15000 widgets annually and 100000 bracelets. The cost doesnt change.How do product and factor prices and wages eventually equalize between the two countries? Discussthe marginal transformation rate for China and U.S.? What are the terms of trade if the United States trades3 bracelet for 10 widgets? How can China and the United States produce? Discuss labor-intensive good? Discussthe labor-abundant country? Discussthe capital-abundant country? HowChina and other countries be help by trade?