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Of International Trade. § 1. Cost of production not the regulator of international
values, 126 2. Interchange of commodities between distant places, determined
by differences not in their absolute, but in their comparative, cost of production, .
International payments of a non-commercial character, . 191 ChapTER XXII.
Influence of Currency on the Ecchanges and on Foreign Trade. - § 1 . Variations
in the exchange, which originate in the currency, 198 2. Effect of a sudden
It is usual in every trade to give a certain length of credit for goods bought: three
months, six months, a year, even two years, according to the convenience or
custom of the particular trade. A. * Enquiry into the Nature and Effects of the
With Some of Their Applications to Social Philosophy John Stuart Mill. ing to the
convenience or custom of the particular trade. A dealer who has sold goods, for
which he is to be paid in six months, but who desires to receive payment sooner,
When the state of trade holds out no particular temptation to make large
purchases on credit, dealers will use only a small portion of the creditpower, and
it will depend only on convenience whether the portion which they use will be
taken in ...
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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