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" As the value of all foreign goods is measured by the quantity of the produce of our land and labour, which is given in exchange for them, we should have no greater value, if by the discovery of new markets, we obtained double the quantity of foreign goods... "
“The” Life of Major-General Sir Thomas Munro, Bart. and K.C.B., Late ... - Page 292
by George Robert Gleig - 1830
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International Value: International Prices

Lajos Zelkó - Business & Economics - 1980 - 168 pages
...goods is measured by the quantity of the produce of our land and labour, which is given in exchange for them, we should have no greater value, if by the...foreign goods in exchange for a given quantity of our's."1 In other words, Ricardo concludes that, through international trade, one country may get more...
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Principles of Political Economy, Volume 1

Thomas Robert Malthus - Business & Economics - 1989 - 518 pages
...goods is measured by the quantity of the produce of our land and labour, which is given in exchange for them, we should have no greater value, if by the...foreign goods in exchange for a given quantity of our's [sic].' (Works, Vol. I, p. 128.) See also Ricardo, Works, Vol. II, Note 269: 'the merchants [sic]...
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Technology and National Competitiveness: Oligopoly, Technological Innovation ...

Jorge Niosi - Business & Economics - 1991 - 310 pages
...goods is measured by the quantity of the produce of our land and labour, which is given in exchange for them, we should have no greater value if, by the...obtained double the quantity of foreign goods in exchange of a given quantity of our's. (Ricardo 1966, 128) Since production techniques are given in Ricardo's...
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The Theoretical Evolution of International Political Economy: A Reader

George T. Crane, Abla Amawi - Business & Economics - 1997 - 354 pages
...goods is measured by the quantity of the produce of our land and labour, which is given in exchange for them, we should have no greater value, if by the...foreign goods in exchange for a given quantity of ours. . . . It has indeed been contended, that the great profits which are sometimes made by particular merchants...
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David Ricardo: Critical Responses, Volume 1

Terry Peach - Biography & Autobiography - 2003 - 378 pages
...goods is measured by the quantity of the produce of our land and labour, which is given in exchange for them, we should have no greater value, if, by...foreign goods in exchange for a given quantity of ours, If by the purchase of English goods to the amount of I000/ a merchant can obtain a quantity of foreign...
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The Origins of International Economics: Neoclassical theory of international ...

Robert William Dimand - Balance of payments - 2004 - 396 pages
...capital or labour where we might expect both. These explanations apply to the following passages : — We should have no greater value if, by the discovery...goods in exchange for a given quantity of ours (p. 72). The country may have 'greater skill' and 'better machinery" used in the manufacture of exportable...
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The Origins of International Economics: Classical theory of the gains from trade

Robert William Dimand - Business & Economics - 2004 - 540 pages
...goods is measured by the quantity of the produce of our land and labour, which is given in exchange for them, we should have no greater value, if by the discovery of new markets, we obtained double die quantity of foreign goods in exchange for a given quantity of our's. .If by the purchase of English...
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The Works of David Ricardo, Esq., M.P.: With a Notice of the Life and ...

David Ricardo, John Ramsay McCulloch - Economics - 2000 - 636 pages
...goods is measured by the quantity of the produce of our land and labour, which is given in exchange for them, we should have no greater value, if by the...foreign goods in exchange for a given quantity of ours. If by the purchase of English goods to the amount of 1000Z., a merchant can obtain a quantity of foreign...
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