 | Robert William Dimand - Balance of payments - 2004 - 396 pages
...desire more particularly to draw attention. As stated by Ricardo himself, it runs as follows : — 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... | |
 | Hans-Joachim Stadermann, Otto Steiger - Business & Economics - 2006 - 416 pages
...Ricardo, herausgegeben von P. Sraffa, Cambridge: Cambridge University Press, 1951, Band l, S. 137. „Gold and silver having been chosen for the general...between countries were purely a trade of barter." gewöhnliche Waren. Dabei kann der Barrenpreis des Edelmetalls sich nicht vom Münzpreis entfernen,... | |
 | 1882 - 500 pages
...David flume, On Interest ; Cantilloa, Nature du Commerce, 226, 369 ff. Ricardo, Principles, ch. 7. " Gold and silver having been chosen for the general...between countries were purely a trade of barter." Rcbeniu$, Oeff. Credit, I, 29 S. Still further developed, especially by John Stuart Mill, Elements,... | |
 | Robert Harry Inglis Palgrave - Economics - 1925 - 1004 pages
...interpreting the facts of international trade, valuable assistance is afforded by the proposition that "gold and silver having been chosen for the general...trade between countries were purely a trade of barter " (RiCARDo). Its truth is shown by considering that any other distribution would be unstable, as either... | |
 | Wilhelm Roscher - Economics - 1878 - 486 pages
...more as hurtful for the country which pays more;10 and both, all the more as the 8 " Gold and silver are by the competition of commerce distributed in...between countries were purely a trade of barter." (Rifardo, Principles, ch. 7.) In most direct opposition to the mercantile system, he represents the... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1890 - 880 pages
...oft-quoted, but, if unelucidated, somewhat oracular sentence of Ricardo's,f that the precious metals are "distributed in such proportions amongst the different...between countries were purely a trade of barter." The enquiry has shown that this distribution is effected mainly through prices ; but it has also revealed... | |
 | New Zealand Institute - Science - 1905 - 794 pages
...fluctuations, be distributed amongst the nations so as to be accommodated, in the words of Kicardo, " to the natural traffic which would take place if no...between countries were purely a trade of barter." New Zealand, for instance, must export the main bulk of the gold she produces, and, this being a comparatively... | |
 | 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 - 590 pages
...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 traff1c 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... 
