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" The capital employed in purchasing foreign goods for home consumption, when this purchase is made with the produce of domestic industry, replaces too, by every such operation, two distinct capitals; but one of them only is employed in supporting domestic... "
On the Principles of Political Economy, and Taxation - Page 419
by David Ricardo - 1821 - 538 pages
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Essays on Political Economy: In which are Illustrated the Principal Causes ...

G. Robertson - Economics - 1830 - 480 pages
...such support." " The capital employed in purchasing foreign •' goods for home consumption, when the purchase " is made with the produce of domestic industry, " replaces too, by every such operation, two dis" tinct capitals; but one of them only is employed " in supporting domestic industry. The capital...
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A Treatise on the Principles, Practice, & History of Commerce

John Ramsay McCulloch - Commerce - 1833 - 142 pages
...which sends Scotch manufactures to London, and brings back English corn and manufactures to Edinburgh, necessarily replaces, by every such operation, two...distinct capitals ; but one of them only is employed in supporting domestic industry. The capital which sends British goods to Portugal, and brings back Portuguese...
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The State of the Science of Political Economy Investigated: Wherein is Shewn ...

William Atkinson - Economic history - 1838 - 96 pages
...which sends Scotch manufactures to London, and brings back English corn and manufactures to Edinburgh, necessarily replaces, by every such operation, TWO...made with the produce of domestic industry, replaces ,also by every such operation TWO distinct capitals, but ONE of them only is employed in supporting...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Economics - 1838 - 476 pages
...which tends Scotch manufactures to London, and brings back English corn and manufactures to Edinburgh, necessarily replaces, by every such operation, two...purchasing foreign goods for home consumption, when this pur. chase is made with the produce of domestic industry, replaces, too, by every such operation, two...
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Fleet Papers, Volume 2

1842 - 678 pages
...which sends Scotch manufactures lo London, and brings back English corn and manufactures to Edinburgh, necessarily replaces, by every such operation, TWO British capitals, which had both been emplo>ed in the agriculture or manufactures of Great Britain. " 'The capital employed in purchasing;...
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The Merchants' Magazine and Commercial Review, Volume 8

1843 - 590 pages
...manufactures to Edinburgh, necessarily replaces, by every such operation, TWO British capitals which bad both been employed in the agriculture or manufactures...distinct capitals : but ONE of them only is employed in supporting domestic industry. The capital which sends British goods to Portugal, and brings back Por....
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The American Laborer: Devoted to the Cause of Protection to Home Industry ...

Horace Greeley - Protectionism - 1843 - 394 pages
...which sends Bcotch manufactures to London, and brings back English earn and manufactures to Edinburgh, necessarily replaces, by every such operation, TWO..." The Capital employed in purchasing foreign goods far home consumption, wh«n this purchase is made with the produce of domestic industry, replaces too,...
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Merchants' Magazine and Commercial Review, Volume 8

Commerce - 1843 - 588 pages
...which sends Scotch manufactures to London, and brings back English corn and manufactures to Edinburgh, necessarily replaces, by every such operation, TWO..." The capital employed in purchasing foreign goods fur home consumption, when this purchase is made with the produce of domestic industry, replaces too,...
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The Merchants' Magazine and Commercial Review, Volume 8

Commerce - 1843 - 590 pages
...agriculture or manufactures of Great Britain. " The capital employed in purchasing foreign goods fur home consumption, when this purchase is made with...every such operation, TWO distinct capitals : but ONЕ of them only is employed in supporting domestic industry. The capital which sends British goods...
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A Letter to the Electors of Westminster, Issue 1

John Lettsom Elliot - Free trade - 1850 - 110 pages
...doctrine of Mr. McCulloch by the following extract from the "Wealth of Nations," book ii. chap. 5. — " The capital employed in purchasing foreign goods for...distinct capitals : but one of them only is employed in supporting domestic industry. The capital which sends British goods to Portugal, and brings back Portuguese...
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