please answer part 2

Part III (Short Essay) In 1973, the US. Congress held hearings on the subject of free trade before voting on the 1974 Trade Reform Act. Lobbyists representing producers and labor unions from 21 different industries presented arguments to support their positions. The positions taken by capital and labor are summarized as follows: Posmous TAKEN BY CAPITAL AND LABOR [21 INDUSTRIES IN 1973] Position at Labor Position of cow Protectionist Free-Trade Protecam' is: 14 1 Free-Trade 1 1. Does the data in this table support the predictions of the HeckscherOhlin model with respect to the politics of trade policy? Explain why or why not. 2. The economist John M. Keynes disliked theories that focused on the \"long run\" be- cause, he said, \". . .this long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tem- pestuous seasons they can only tell us that when the storm is long past the ocean is at again.\" In what sense (e.g. because of which assmnptions) is the HeckscherOhlin Model a theory of the \"long run\"? 3. Does the data in the table above suggest that political decisions regarding trade policy are based more on short-run or longrun considerations