The price of trade Suppose that Greece and Sweden both produce jeans and olives. Greece's opportunity cost of producing a crate of olives is 5 pairs of jeans while Sweden's opportunity cost of producing a crate of olives is 10 pairs of jeans. By comparing the opportunity cost of producing olives in the two countries, you can tell that has a comparative advantage in the production of olives and has a comparative advantage in the production of jeans. Suppose that Greece and Sweden consider trading olives and jeans with each other. Greece can gain from specialization and trade as long as it receives more than of jeans for each crate of olives it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than of olives for each pair of jeans it exports to Greece. Based on your answer to the last question, which of the following prices of trade (that is, price of olives in terms of jeans) would allow both Sweden and Greece to gain from trade?a. 9 pairs of jeans per crate of olives b. 6 pairs of jeans per crate of olives c. 2 pairs of jeans per crate of olives d. 1 pair of jeans per crate of olive