Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 140
... yards of cloth , in both coun- tries , exchange for 17 yards of 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 ...
... yards of cloth , in both coun- tries , exchange for 17 yards of 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 ...
Сторінка 141
... 17 yards of linen for 10 yards of cloth . " But our suppositions might have been different . Sup- pose that , at the assumed rate of interchange , England had been disposed to consume no greater quantity of linen than 800 times 17 yards ...
... 17 yards of linen for 10 yards of cloth . " But our suppositions might have been different . Sup- pose that , at the assumed rate of interchange , England had been disposed to consume no greater quantity of linen than 800 times 17 yards ...
Сторінка 144
... 17 , and 1 to cover the cost of carriage of the cloth ; while in England , 10 yards of cloth will only purchase 16 of linen , 1 yard being deducted for the cost of carriage of the linen . This , however , cannot be affirmed with certain ...
... 17 , and 1 to cover the cost of carriage of the cloth ; while in England , 10 yards of cloth will only purchase 16 of linen , 1 yard being deducted for the cost of carriage of the linen . This , however , cannot be affirmed with certain ...
Сторінка 146
... yards of cloth , ( let us call this quantity a hundred weight ) will , if produced in Germany , cost as much labour as 18 yards of linen , so that if offered by England for 17 , it will undersell the German producer . In these circum ...
... yards of cloth , ( let us call this quantity a hundred weight ) will , if produced in Germany , cost as much labour as 18 yards of linen , so that if offered by England for 17 , it will undersell the German producer . In these circum ...
Сторінка 147
... yards of cloth or its equivalent , 17 yards of linen . She evi- dently would not go on buying linen from Germany at the former rate : Germany would be undersold , and must con- sent to give 17 yards , like the other country . In this ...
... yards of cloth or its equivalent , 17 yards of linen . She evi- dently would not go on buying linen from Germany at the former rate : Germany would be undersold , and must con- sent to give 17 yards , like the other country . In this ...
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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills bullion capitalists cause cheaper cheapness cheques circulation circumstances classes coin commerce consumers corn cost of carriage cost of labour cost of production crease days labour dealers debt depend depreciation diminished duction effect employment enable equal equivalent exchange value exist expense exports fall foreign commodities foreign countries France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value les associés less loans lower means ment million modities obtain paid payment permanent persons Poland population portion pounds sterling precious metals produce proportion raise rate of interest rate of profit rent rise of prices savings seignorage sell speculation supply suppose supposition theory things tion trade transactions value of money wages whole yards of cloth yards of linen