Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка 24
... linen cloth is of more value than an equal weight of linen yarn . This would be true , were it not that Govern- ment , in this country and in some others , coins money gratis for any one who furnishes the metal . The labour and ex ...
... linen cloth is of more value than an equal weight of linen yarn . This would be true , were it not that Govern- ment , in this country and in some others , coins money gratis for any one who furnishes the metal . The labour and ex ...
Сторінка 125
... linen from Germany , and of Germany to import cloth from England . " When each country pro- duced both commodities for itself , 10 yards of cloth exchanged for 15 yards of linen in England , and for 20 in Germany . They will now ...
... linen from Germany , and of Germany to import cloth from England . " When each country pro- duced both commodities for itself , 10 yards of cloth exchanged for 15 yards of linen in England , and for 20 in Germany . They will now ...
Сторінка 126
... linen . " The demand for a commodity , that is , the quantity of it which can find a purchaser , varies , as we have before re- marked , according to the price . In Germany the price of 10 yards of cloth is now 17 yards of linen , or ...
... linen . " The demand for a commodity , that is , the quantity of it which can find a purchaser , varies , as we have before re- marked , according to the price . In Germany the price of 10 yards of cloth is now 17 yards of linen , or ...
Сторінка 127
... linen in exchange for 10 yards of cloth : let us suppose her to offer 18. At this price , perhaps , England would be in- clined to purchase a greater quantity of linen . She would consume , possibly , at that price , 900 times 18 yards ...
... linen in exchange for 10 yards of cloth : let us suppose her to offer 18. At this price , perhaps , England would be in- clined to purchase a greater quantity of linen . She would consume , possibly , at that price , 900 times 18 yards ...
Сторінка 128
... linen , nor for less than 15. But they may exchange for any intermediate number . The ratios , therefore , in which the advantage of the trade may be divided between the two nations , are various . The circumstances on which the ...
... linen , nor for less than 15. But they may exchange for any intermediate number . The ratios , therefore , in which the advantage of the trade may be divided between the two nations , are various . The circumstances on which the ...
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100 days labour 17 yards Adam Smith advantage amount assignats bank notes Bank of England bankers benefit book credits borrow bullion cheaper cheapness cheques circulation circumstances coin commerce consumers corn cost of carriage cost of production dealers debt depend depreciated diminished dities duction effect employed equal equation of international equivalent exactly exchange value existence expense exports fall foreign commodities foreign countries France Germany gold and silver imports improvement increase interchange international demand international values issue issuers labour and capital land law of value less loans lower means medium mode modities obtain paid paper currency payment permanent persons Poland portion pounds pounds sterling precious metals produce proportion purchasing power quantity of money rate of interest rate of profit ratio rise of prices seignorage sell speculation suppose supposition theory things tion transactions value of money wages wanted whole yards of cloth yards of linen