Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Longmans, Green, Reader, and Dyer, 1871 |
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Сторінка 132
... of it . Let us suppose , then , that the demand of England for linen is either so much greater than that of Germany for cloth , or so much more extensible by cheapness , that if England had 132 CHAPTER XVIII . § 4 . BOOK III .
... of it . Let us suppose , then , that the demand of England for linen is either so much greater than that of Germany for cloth , or so much more extensible by cheapness , that if England had 132 CHAPTER XVIII . § 4 . BOOK III .
Сторінка 133
... cheapness , that if England had no commodity but cloth which Germany would take , the demand of England would force up the terms of interchange to 10 yards of cloth for only 16 of linen , so that England would gain only the difference ...
... cheapness , that if England had no commodity but cloth which Germany would take , the demand of England would force up the terms of interchange to 10 yards of cloth for only 16 of linen , so that England would gain only the difference ...
Сторінка 134
... cheapness . In so far as the productions of any country possess this property , the country obtains all foreign commodities at less cost . It gets its imports cheaper , the greater the intensity of the demand in foreign countries for ...
... cheapness . In so far as the productions of any country possess this property , the country obtains all foreign commodities at less cost . It gets its imports cheaper , the greater the intensity of the demand in foreign countries for ...
Сторінка 138
... cheapness of linen produces on the international demand . The demand for linen in England could scarcely fail to be increased . But it might be increased either in proportion to the cheapness , or in a greater proportion than the cheapness ...
... cheapness of linen produces on the international demand . The demand for linen in England could scarcely fail to be increased . But it might be increased either in proportion to the cheapness , or in a greater proportion than the cheapness ...
Сторінка 139
... cheaper than before , being the same advantage as was obtained by Germany . It might happen , however , that this great cheapening of linen would increase the demand for it in England in a greater ratio than the increase of cheapness ...
... cheaper than before , being the same advantage as was obtained by Germany . It might happen , however , that this great cheapening of linen would increase the demand for it in England in a greater ratio than the increase of cheapness ...
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Загальні терміни та фрази
17 yards advantage amount assignats bank notes Bank of England bankers bills of exchange book credits borrow bullion cause cheaper cheapness cheques circulating medium circumstances coin consequence consumers cost of carriage cost of production dealers debt demand and supply depend deposits depreciation diminished discounted duction effect employed equal equivalent exactly exchange value existing expense exports fall foreign commodities foreign countries France Germany gold and silver greater hands imports improvement increase international demand issue issuers labour and capital land law of value less loan market lower means million mode obtain paid payments permanent person portion pounds pounds sterling precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit ratio rise of prices seignorage sell shillings speculation suppose supposition theory things tion trade transactions value of money wages wanted whole yards of cloth yards of linen