 | John Joseph Lalor - Economics - 1883 - 1076 pages
...general medium of circulation, are by the competition of commerce distributed in such proportions among the different countries of the world as to accommodate...place if no such metals existed and the trade between them were a trade of barter. " An example will show at once the fallacy of this doctrine. Were the... | |
 | John Joseph Lalor - Economics - 1883 - 1076 pages
...general medium of circulation, are by the competition of commerce distributed in such proportions among the different countries of the world as to accommodate...place if no such metals existed and the trade between them were a trade of barter." An example will show at once the fallacy of this doctrine. Were the precious... | |
 | John Stuart Mill - Economics - 1884 - 718 pages
...The result of the preceding discussion can not be better summed up than in the words of Bicardo.' " Gold and silver having been chosen for the general...competition of commerce, distributed in such proportions among the different countries of the world as to accommodate themselves to the natural traffic which... | |
 | David Ricardo, John Ramsay McCulloch - Economics - 1886 - 688 pages
...required to convey them to the various markets where they were to be sold. Experience, however, shows, that the fancied or real insecurity of capital, when...they are, by the competition of commerce, distributed • It will appear, then, that a country possessing very considerable advantages in machinery and skill,... | |
 | William Gifford, Sir John Taylor Coleridge, John Gibson Lockhart, Whitwell Elwin, William Macpherson, William Smith, Sir John Murray (IV), John Murray, Rowland Edmund Prothero (Baron Ernle), George Walter Prothero - English literature - 1886 - 602 pages
...medium of circulation, they are, by the competition of commerce, distributed in such proportions among the different countries of the world, as to accommodate...between countries were purely a trade of barter.—' Ricardo's Works,' Edition 1852, p. 78. Again, as to the value of money, Ricardo reminds us that this... | |
 | William Gifford, Sir John Taylor Coleridge, John Gibson Lockhart, Whitwell Elwin, William Macpherson, William Smith, John Murray, Rowland Edmund Prothero (Baron Ernle), George Walter Prothero - English literature - 1886 - 596 pages
...the rule by which the commercial distribution of the precious metals over the world is carried out. ' Gold and silver having been chosen for the general...competition of commerce, distributed in .such proportions among the different countries of the world, as to accommodate themselves to the natural traffic which... | |
 | Charles Francis Bastable - Commerce - 1887 - 198 pages
...state Ricardo's greatest contribution to the theory of international trade in his own words : — " Gold and silver having been chosen for the general...between countries were purely a trade of barter." * The proof of this fundamental principle is, it may be remarked, the same in form as that of the cost... | |
 | Charles Francis Bastable - Commerce - 1887 - 196 pages
...state Eicardo's greatest contribution to the theory of international trade in his own words : — " Gold and silver having been chosen for the general...countries of the world as to accommodate themselves to the natiiral traffic •which would take place if no such metals existed, and the trade between countries... | |
 | John Stuart Mill - Economics - 1887 - 722 pages
...medium of circulation, they are, by the competition of commerce, distributed in such proportions among the different countries of the world as to accommodate...between countries were purely a trade of barter." Of this principle, so fertile in consequences, previous to which the theory of foreign trade was an... | |
 | John Stuart Mill - Economics - 1887 - 736 pages
...The result of the preceding discussion can not be better summed up than in the words of Eicardo.1 " Gold and silver having been chosen for the general...competition of commerce, distributed in such proportions among the different countries of the world as to accommodate themselves to the natural traffic which... | |
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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... 
