Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Longmans, Green, Reader, and Dyer, 1871 |
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Сторінка 126
... linen from Germany , and of Germany to import cloth from England . " When each country pro- duced both commodities for itself , 10 yards of cloth exchanged for 15 yards of linen in England , and for 20 in Germany . They will now ...
... linen from Germany , and of Germany to import cloth from England . " When each country pro- duced both commodities for itself , 10 yards of cloth exchanged for 15 yards of linen in England , and for 20 in Germany . They will now ...
Сторінка 127
... yards of cloth is now 17 yards of linen , or whatever quantity of money is equivalent in Germany to 17 yards of linen . Now , that being the price , there is some particular number of yards of cloth , which will be in demand , or will ...
... yards of cloth is now 17 yards of linen , or whatever quantity of money is equivalent in Germany to 17 yards of linen . Now , that being the price , there is some particular number of yards of cloth , which will be in demand , or will ...
Сторінка 128
... yards of cloth . " But our suppositions might have been different . Suppose that , at the assumed rate of interchange , England has been disposed to consume no greater quantity of linen than 800 times 17 yards it is evident that , at ...
... yards of cloth . " But our suppositions might have been different . Suppose that , at the assumed rate of interchange , England has been disposed to consume no greater quantity of linen than 800 times 17 yards it is evident that , at ...
Сторінка 129
... yards of cloth cannot exchange for more than 20 yards of linen , nor for less than 15. But they may exchange for any intermediate number . The ratios , therefore , in which the ad- vantage of the ... yards of cloth INTERNATIONAL VALUES . 129.
... yards of cloth cannot exchange for more than 20 yards of linen , nor for less than 15. But they may exchange for any intermediate number . The ratios , therefore , in which the ad- vantage of the ... yards of cloth INTERNATIONAL VALUES . 129.
Сторінка 130
... yards of cloth for 15 of linen , she would not consume more . Let this fixed quantity be 1000 times 10 yards . At the rate , however , of 10 for 20 , England would want more linen than would be equivalent to this quantity of cloth . She ...
... yards of cloth for 15 of linen , she would not consume more . Let this fixed quantity be 1000 times 10 yards . At the rate , however , of 10 for 20 , England would want more linen than would be equivalent to this quantity of cloth . She ...
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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