Consider two neighboring island countries called Bellissima and Euphoria. They each have 4 million labor hours available per month that they can use to produce jeans, rye, or a combination of both. The following table shows the amount of jeans or rye that can be produced using 1 hour of labor. Country Janes Rye (Pairs per hour of labor) (Bushels per hour of labor)Bellissima 8 16Euphoria 5 20Initially, suppose Bellissima uses 1 million hours of labor per month to produce jeans and 3 million hours per month to produce rye, while Euphoria uses 3 million hours of labor per month to produce jeans and 1 million hours per month to produce rye. Consequently, Bellissima produces 8 million pairs of jeans and 48 million bushels of rye, and Euphoria produces 15 million pairs of jeans and 20 million bushels of rye. Assume there are no other countries willing to trade goods, so, in the absence of trade between these two countries, each country consumes the amount of jeans and rye it produces. Euphoria's opportunity cost of producing 1 pair of jeans isof rye, and Bellissima's opportunity cost of producing 1 pair of jeans isof rye. Therefore, has a comparative advantage in the production of jeans, and has a comparative advantage in the production of rye. Suppose that each country completely specializes in the production of the good in which is has a comparative advantage, producing only that good. In this case, the country that produces jeans will producemillion pairs per month, and the country that produces rye will producemillion bushels per month. Suppose the country that produces jeans trades 18 million pairs of jeans to the other country in exchange for 54 million bushels of rye. When the two countries did not specialize, the total production of jeans was 23 million pairs per month, and the total production of rye was 68 million bushels per month. Because of specialization, the total production of jeans has increased bymillion pairs per month, and the total production of rye has increased bymillion bushels per month. Because the two countries produce more jeans and more rye under specialization, each country is able to gain from trade. In the following table, enter each country's production decision on the third row of the table (marked "Production"). Calculate the gains from trade -- that is, the amount by which each country has increased its consumption of each good relative tot he first row of the table. Bellissima Euphoria Jeans Rye Jeans Rye (Millions of (Millions of (Millions of (Millions pairs) bushels) pairs) of bushels) Without Trade Production 8 48 15 20Consumption 8 48 15 20With Trade Production Trade Action Consumption Gains from Trade Increase in Consumption