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" In a country fully stocked in proportion to all the business it had to transact, as great a quantity of stock would be employed in every particular branch as the nature and extent of the trade would admit. The competition, therefore, would everywhere... "
The Principles of Political Economy Applied to the Condition: The Resources ... - Page 251
by Francis Bowen - 1859 - 546 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1809 - 372 pages
...every particular branch as the nature and extent of the trade would admit. The competition, therefore, would everywhere be as great, and consequently the ordinary profit as low as possible. But perhaps ao country has ever yet arrived at this degree of opulence. China seems to have been long...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - Economics - 1829 - 440 pages
...edition, vol. ip 150, notes. nature and extent of the trade would admit. The competition, therefore, would everywhere be as great, and consequently the ordinary profit as low as possible. " But perhaps no country has ever yet arrived at this degree of opulence. China seems to have been...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1835 - 486 pages
...branch as the nature and extent of the trade would admit. .The competition, therefore, would every where be as great, and consequently the ordinary profit as low as possible. But perhaps no country has ever yet arrived at this degree of opulence. China seems to have been long...
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American Political Economy

Francis Bowen - 1870 - 512 pages
...declines, as the child approaches maturity, till at last it reaches its stationary point in full manhood. Adam Smith long ago remarked, that in a new colony,...however, soon began to decline, and they are now not much higher than in New York. Similar changes have taken place in Australia, since the discovery of...
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American Political Economy: Including Strictures on the Management of the ...

Francis Bowen - Economics - 1870 - 586 pages
...stocked in proportion to all the business it had to transact, the competition would everywhere Ix; as great, and consequently the ordinary Profit as...however, soon began to decline, and they are now not much higher than in New York. Similar changes have taken place in Australia, since the discovery of...
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An inquiry into the nature and causes of the wealth of nations. A careful ...

Adam Smith - 1875 - 808 pages
...every particular branch as the nature and extent of the trade would admit. The competition, therefore, would everywhere be as great, and consequently the ordinary profit as low as possible. But perhaps no country has ever yet arrived at this degree of opulence. China seems to have been long...
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American Political Economy: Including Stricures on the Management of the ...

Francis Bowen - Economics - 1890 - 522 pages
...declines, as the child approaches maturity, till at last it reaches its stationary -point in full manhood. Adam Smith long ago remarked, that in a new colony,...however, soon began to decline, and they are now not much higher than in New York. Similar changes have taken place in Australia, since the discovery of...
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Select Chapters and Passages from the Wealth of Nations of Adam Smith, 1776

Adam Smith - Economics - 1894 - 526 pages
...every particular branch as the nature and extent of the trade would admit. The competition, therefore, would everywhere be as great, and consequently the ordinary profit as low as possible. But perhaps no country has ever yet arrived at this degree of opulence. China seems to have been long...
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A History of the Theories of Production and Distribution in English ...

Edwin Cannan - Economics - 1903 - 458 pages
...in every particular branch' of business 'as the nature and extent of the trade would admit,' so that the competition ' would everywhere be as great, and...consequently the ordinary profit as low as possible.' 1 It would be idle to pretend that this account of the causes which determine the rate of profit is,...
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A Search for Synthesis in Economic Theory

Ching-Yao Hsieh, Stephen L. Mangum - Business & Economics - 1986 - 286 pages
...every particular branch as the nature and extent of trade would admit. The competition, therefore, would everywhere be as great, and consequently the ordinary profit as low as possible. (Adam Smith, The Wealth of Nations [New York: Random House, 1937], p. 53) nously. This framework can...
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