Absolute Advantage Intra-Industry Trade Between Sim- ilar Economies and Reducing the Barriers to International Trade Due Sunday by 11:59pm Points 100 Submitting an external tool Consider the example of trade between the United States and Thailand described in the tables below. Country # of workers needed to produce 1,000 units- Socks # of workers needed to produce 1,000 units- Cell Phones United 5 workers 1 worker States Thailand 7 workers 4 workers Total Production Before Trade Current Sock Current Cell Phone Country Production Production United 14,000 70,000 States Thailand 10,000 17,500 Total 24,000 87,500 Suppose that each country currently has 140 workers and each decides to transfer some amount of labor toward its area of comparative advantage. The United States transfers 15 workers away from socks toward producing cell phones. Thailand transfers 28 workers away from cell phones toward producing socks. What will be the new total output of socks for both countries combined? Provide your answer below: