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3. Some people think that Chinese farm workers are negatively affected by free trade with Brazil. i. Based on the Heckscher-Ohlin Model, do you agree?

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3. Some people think that Chinese farm workers are negatively affected by free trade with Brazil. i. Based on the Heckscher-Ohlin Model, do you agree? (1 mark) ii. What's the major assumption in your previous answer? (1 mark) Following information is obtained from the World Bank (https://data.worldbank.org/) Resource endowment Arable land (million Labor force (million) hectares) China 120 794 Brazil 56 99 Questions 1. China has more (arable) land resources and labors than Brazil. Explain why trade is still possible according to the Heckscher-Ohlin Model? (1 mark)

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