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" Gold and | silver having been chosen for the general medium of circulation, they are, by the competition of commerce, distributed in such proportions amongst the different countries of the world as to accommodate themselves to the natural traffic which... "
Principles of Political Economy: With Some of Their Applications to Social ... - Page 335
by John Stuart Mill - 1891 - 640 pages
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On the Principles of Political Economy, and Taxation

David Ricardo - Economics - 1821 - 560 pages
...the competition of commerce, distributed in such proportions amongst the different countries of the world, as to accommodate themselves to the natural...trade between countries were purely a trade of barter. Thus, cloth cannot be imported into Portugal, unless it sell there for more gold than it cost in the...
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Considerations on the State of the Colonial Currency and Foreign Exchanges ...

Peter Warden Grant - Currency question - 1825 - 222 pages
...by the competition of commerce, distributed in such proportion among the different countries of the world, as to accommodate themselves to the natural...metals existed, and the trade between countries were merely a trade of barter.* From this brief exposition of the nature and offices of a circulating medium,...
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Register of Debates in Congress: Comprising ..., Volume 3; Volume 8; Volume 55

United States. Congress - Law - 1832 - 756 pages
...distributed in such proportions amongst the different countries of the world, as toaccommodalethemselves to the natural traffic which would take place if no...between countries were purely a trade of barter." " Now suppose England to discover a process for making wine, so that it should become her interest...
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Principles of Political Economy Considered with a View to Their Practical ...

Thomas Robert Malthus - Economics - 1836 - 520 pages
...the competitions of commerce distributed in such proportions amongst the different countries of the world, as to accommodate themselves to the natural...such metals existed, and the trade between countries was purely a trade of barter."* This distribution is effected by the varying state of the exchanges....
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A letter to Nassau William Senior ... in reply to the article, 'Free trade ...

Robert Torrens - 1843 - 108 pages
...the competition of commerce, distributed in such proportions amongst the different countries of the world, as to accommodate themselves to the natural...trade between countries were purely a trade of barter. " The improvement of a manufacture in any country tends to alter the distribution of the precious metals...
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The Budget. On Commercial and Coloniae Policy With an Introduction in which ...

Robert Torrens - Corn laws (Great Britain). - 1844 - 600 pages
...the competition of commerce, distributed in sucb proportions amongst the different countries of the world, as to accommodate themselves to the natural...existed, and the trade between countries were purely u trade of barter. " The improvement of a manufacture in any country tends to alter the distribution...
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Principles of Political Economy: With Some of Their Applications ..., Volume 2

John Stuart Mill - Economics - 1852 - 608 pages
...the competition of commerce, distributed in such proportions amongst the different countries of the world, as to accommodate themselves to the natural traffic which would take place if no such uactals existed, and the trade between countries were purely a trade of barter." Of this principle,...
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The National Review, Volume 17

Richard Holt Hutton, Walter Bagehot - Periodicals - 1863 - 580 pages
...the competition of commerce, distributed in such \ roportions among the different countries of the world as to accommodate themselves to the natural...between countries were purely a trade of barter;" a principle which, as he proceeds to show, leads to much and permanent diversity in local prices among...
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National Review, Volume 17

Great Britain - 1863 - 584 pages
...by the competition of commerce, distributed in such proportions among the different countries of the world as to accommodate themselves to the natural...between countries were purely a trade of barter;" a principle which, as he proceeds to show, leads to much and permanent diversity in local prices among...
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The Merchants' Magazine and Commercial Review, Volume 50

William B. Dana - Commerce - 1864 - 502 pages
...by the competition of commerce, distributed in such proportions among the different countries of the world as to accommodate themselves to the natural...the trade between countries were purely a trade of harter." There is then, we may say, a general level of values, which are moved by the metallic circulating...
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