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" THE GENERAL MEDIUM OF CIRCULATION, THEY ARE, BY THE COMPETITION OF COMMERCE, DISTRIBUTED IN SUCH PROPORTIONS AMONGST THE DIFFERENT COUNTRIES OF THE WORLD, AS TO ACCOMMODATE THEMSELVES TO THE NATURAL TRAFFIC WHICH WOULD TAKE PLACE IF NO SUCH METALS EXISTED,... "
Principles of politi - Сторінка 412
1882
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Principles of Political Economy: With Some of Their Applications to ..., Том 2

John Stuart Mill - 1852 - 608 стор.
...world, as to accommodate themselves to the natural traffic which would take place if no such uactals existed, and the trade between countries were purely a trade of barter." Of this principle, so fertile in consequences, previous to which the theory of foreign trade was an...
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Principles of Political Economy, Том 2

Wilhelm Roscher - 1878 - 500 стор.
...which receives more as hurtful for the country which pays more;10 and both, all the more as the 5 " Gold and silver are by the competition of commerce...will obtain and keep a larger quota of the general supplv of gold and silver. (The high Price of Bullion, 1810.) On the other hand, it depends on the...
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Silver in Europe

Samuel Dana Horton - 1890 - 324 стор.
...countries of the world as to accommodate themselves to the natural traffic which would take place if no metals existed and the trade between countries were purely a trade of barter." Here is, at the same time, a great truth, and a most prolific source of error. Of the truth it is needless...
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Grundlagen der Nationalökonomie: ein Hand- und Lesebuch für Geschäftsmänner ...

Wilhelm Roscher, Robert von Pöhlmann - 1897 - 894 стор.
...world, as to accomodate themselves to the natural traffic, which would take place, if no such metnls existed, and the trade between countries were purely a trade of barter. Jfebenius Ceff. (Srebit I. 99 ff. aBeiter entraicfelt befonber« oon .T. Mill Elements (1821) III,...
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The Standard of Value

Sir David Miller Barbour - 1912 - 272 стор.
...WORLD, AS TO ACCOMMODATE THEMSELVES TO THE NATURAL TRAFFIC WHICH WOULD TAKE PLACE IF NO SUCH MEl'ALS EXISTED, AND THE TRADE BETWEEN COUNTRIES WERE PURELY A TRADE OF BARTER." — Ricardo. PREFACE THE Indian Mints were closed to the unlimited coinage of silver on 26th June, 1893, with the...
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Irish Political Economy, Том 4

Thomas A. Boylan, Tadhg Foley - 2003 - 458 стор.
...world, as to accommodate themselves to the natural traffic which would take place if no such metal existed, and the trade between countries were purely a trade of barter." Adopting this principle, the truth of which is universally admitted, we will confine our observations...
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The Origins of International Economics: Neoclassical theory of international ...

Robert William Dimand - 2004 - 396 стор.
...world, as to accommodate themselves to the natural traffic which would take place if no such metaJs existed, and the trade between countries were purely a trade of barter.* » Works, ed. M'Cnlloch, pp. 77, 78. 216 I. The truth of this proposition as a statement of what generally...
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Palgrave's Dictionary of Political Economy: F-M (1923 New ed.)

Robert Harry Inglis Palgrave - 1925 - 1004 стор.
...the proposition that "gold and silver having been chosen for the general medium of circulation, they are by the competition of commerce distributed in...countries were purely a trade of barter " (RiCARDo). Its truth is shown by considering that any other distribution would be unstable, as either export or...
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