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Influence of cost of carriage on international values, . . 144 4. The law of values
which holds between two countries, and two commodities, holds of any greater
number, . . 145 5. Effect of improvements in production, on international values, .
... as she could raise with 150 days labour at home; and she would, in importing it
, have the cost of carriage besides. ... In this case the comparative costs of the two
articles in England and in Poland were supposed to be the same, though the ...
Though the wine may have cost in Spain the equivalent of only ten days labour,
yet, if the cloth costs in England twenty ... will exchange for the produce of twenty
days English labour, plus the cost of carriage; including the usual profit on the ...
“When the trade is established between the two countries, the two commodities
will exchange for each other at the same rate of interchange in both countries—
bating the cost of carriage, of which, for the present, it will be more convenient to
I have, as is indispensable in such abstract and hypothetical cases, supposed the
circumstances to be much less complex than they really are: in the first place, by
suppressing the cost of , / carriage: next, by supposing that there are only two ...
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LibraryThing ReviewРецензія користувача - JohnPhelan - LibraryThing
Pragmatic or muddled? Mill sets out to explore economic principles but, ultimately, finds that there is no principle which doesn't have any amount of conceivable exceptions. You have to wonder why its ... Читати огляд повністю