Suppose there are two countries that are about to begin trading goods; one is labor abundant and one is capital abundant.
Definitions:
Friendly Skepticism
An approach to information and claims with an open mind but with a critical eye towards evidence and rationale.
Critical Thinking
Systematically evaluating information to reach conclusions best supported by evidence.
Objective Evidence
Information based on facts that can be proved through analysis, measurement, and observation.
Personal Feelings
An individual's subjective experience of emotions, distinct from the objective, external causes of those emotions.
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