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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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A Manual of Political Economy

Erasmus Peshine Smith - Economics - 1868 - 274 pages
...which sends Scotch manufactures to London, and brings back English corn and manufactures to Edinburgh, necessarily replaces by every such operation two British...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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An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1869 - 576 pages
...manufactures to Edinburgh, necessarily replaces by eveiy such operation two British capitals which had botli been employed in the agriculture or manufactures of...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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Sophisms of free-trade and popular political economy examined, by a ...

sir John Barnard Byles - 1870 - 388 pages
..." sends Scotch manufactures to London, and brings "back English manufactures and corn 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...
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Sophisms of Free-trade and Popular Political Economy Examined

John Barnard Byles - Economics - 1872 - 330 pages
...which sends Scotch manufactures to London, and brings back English manufactures and corn 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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An inquiry into the nature and causes of the wealth of nations. A careful ...

Adam Smith - 1875 - 808 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 industryThe capital which sends British goods to Portugal, and brings back Portuguese...
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The Canadian Monthly and National Review, Volume 9

Graeme Mercer Adam, George Stewart - Humanities - 1876 - 688 pages
...capital which sends Scotch manufactures to London, and brings back English manufactures to Edinburgh, necessarily replaces by every such operation two British capitals which had both been employed in the industries of Great Britain." On the other hand, "the capital which sends British goods to Portugal...
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The Australian Protectionist

Francis Gould Smith - Australia - 1877 - 104 pages
...agriculture and manufacture of that country, and thereby enables them to continue in that employment. The capital employed in purchasing foreign goods for...made with the produce of domestic industry, replaces also by every such operation two distinct capitals, but one of these only is employed in supporting...
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The London Quarterly Review, Volume 86

1850 - 346 pages
...which sends Scotch manufactures to London and brings buck English corn and manufactures to Ediuborgh, necessarily replaces by every such operation two British...been employed in the agriculture or manufactures of tlreal Britain. The capital which is employed in purchasing foreign goods for home consumption, when...
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The Works of David Ricardo

David Ricardo, John Ramsay McCulloch - Economics - 1886 - 688 pages
...the home trade, and an equal capital engaged in the foreign trade. " The capital which sends Scotch manufactures to London, and brings back English corn...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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Protection Or Free Trade: An Examination of the Tariff Question, with ...

Henry George - Free trade - 1886 - 380 pages
...which sends Scotch manufactures to London, and brings back English corn and manufactures to Edinburgh, necessarily replaces by every such operation two British...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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