 | David Ricardo - Classical school of economics - 1821 - 566 pages
...price of cloth, from being 4>5L in one country and 50/. in the other, would probably fall to 49/. or 48/. in Portugal, and rise to 46/. or 47/. in England,...commodity. It is thus that the money of each country is ap148 ON FOREIGN TRADE. [CHAP. VII. portioned to it in such quantities only as may be necessary to... | |
 | David Ricardo - Classical school of economics - 1821 - 560 pages
...one country and 50/. in the other, would probably fall to 49/- or 487. in Portugal, and rise to 467. or 47^ in England, and not afford a sufficient profit...that the money of each country is apportioned to it in such quantities only as may be necessary to regulate a profitable trade of barter. England exported... | |
 | United States. Congress - Law - 1832 - 756 pages
...the relative value of cloth in the two countries, that it would cease to be profitable to export it." "It is thus that the money of each country is apportioned to it in sudi quantities only as may be necessary to regulate a profitable trade or barter." "But the diminution... | |
 | David Ricardo, John Ramsay McCulloch - Economics - 1886 - 688 pages
...one country and 50/. in the other, would probably fall to 49/. or 48£. in Portugal, and rise to 4G/. or 47/. in England, and not afford a sufficient profit...that the money of each country is apportioned to it in such quantities only as may be necessary to regulate a profitable trade of barter. England exported... | |
 | David Ricardo - Economics - 1919 - 526 pages
...price of cloth, from being £45 in one country and ,£50 in the other, would probably fall to =£49 or =£48 in Portugal, and rise to £46 or =£47 in England,...that the money of each country is apportioned to it in such quantities only as may be necessary to regulate a profitable trade of barter. England exported... | |
 | David Ricardo - Economics - 1919 - 530 pages
...price of cloth, from being £45 in one country and £50 in the other, would probably fall to £49 or .£48 in Portugal, and rise to .£46 or .£47 in England,...that commodity. It is thus that the money of each countrv is apportioned to it in such quantities only as may be necessary to regulate a profitable trade... | |
 | Frank William Taussig - Commerce - 1921 - 586 pages
...price of cloth, from being £45 in one country and £50 in the other, would probably fall to £49 or £48 in Portugal, and rise to £46 or £47 in England,...that the money of each country is apportioned to it in such quantities only as may be necessary to regulate a profitable trade of barter. England exported... | |
 | David Ricardo - Economics - 1817 - 624 pages
...country, and ,50/. in the other, would probably fall to 49/. or 48/. in Portugal, and rise to 46/. or 471. in England, and not afford a sufficient profit after...that the money of each country is apportioned to it in such quantities only as may be necessary to regulate a profitable trade of barter. England exported... | |
 | Lajos Zelkó - Business & Economics - 1980 - 168 pages
...lslbid.,p. 142. "Ibid., p. 143. in one country and fi> £50 in the other, would probably fall to £49 or £48 in Portugal, and rise to £46 or £47 in England,...premium for a bill to induce any merchant to import that commodity."17 It is clear that Ricardo did not try to explain the differences in the purchasing capacity... | |
 | George T. Crane, Abla Amawi - Business & Economics - 1997 - 354 pages
...therefore the price of wine and cloth will be both raised in England, and both lowered in Portugal. . . . It is thus that the money of each country is apportioned to it in such quantities only as may be necessary to regulate a profitable trade of barter. England exported... | |
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It is thus that the money of each country is apportioned to it in such quantities only as may be necessary to regulate a profitable trade of barter. England exported cloth in exchange for wine because, by so doing, her industry was rendered more productive... 
