 | John Cunningham Wood - 1991 - 302 стор.
...effective competition we must place the fact thaf'gold and silver, the general medium of circulation, are by the competition of commerce distributed in...between countries were purely a trade of barter." 14 "The money of each country is apportioned to it in such quantities only as may be necessary to regulate... | |
 | John Cunningham Wood - 1991 - 302 стор.
...effective competition we must place the fact that "gold and silver, the general medium of circulation, are by the competition of commerce distributed in...the trade between countries were purely a trade of barter."14 "The money of each country is apportioned to it in such quantities only as may be necessary... | |
 | John Cunningham Wood - 1994 - 488 стор.
...resulting terms of trade after adjustment are independent of demand. But Ricardo (pp. 83-84) states that "gold and silver having been chosen for the general...between countries were purely a trade of barter." In other words, the system is completely dichotomized so that real variables are unchanged by the introduction... | |
 | Giancarlo Gandolfo - 1995 - 588 стор.
...reciprocal demand ) had to say on this subject. Ricardo ( 1817;p. 137 of the 1951 reprint) writes: "Gold and silver having been chosen for the general...amongst the different countries of the world, as to accomodate themselves to the natural traffic which would take place if no such metals existed, and... | |
 | George T. Crane, Abla Amawi - 1997 - 354 стор.
...their own country, rather than seek a more advantageous employment for their wealth in foreign nations. Gold and silver having been chosen for the general...trade between countries were purely a trade of barter. Thus, cloth cannot be imported into Portugal, unless it sell there for more gold than it cost in the... | |
 | James Pennington - 1996 - 176 стор.
..." Gold and silver/' says Mr. Ricardo, " having been chosen for the " general medium of circulation, are, by the " competition of commerce, distributed...if no " such metals existed, and the trade between " different countries were purely a trade of bar"ter." Of this proposition Mr. Mill gives the following... | |
 | Thomas A. Boylan, Tadhg Foley - 2003 - 458 стор.
...of exports and imports, the one must exactly pay for the other. "Gold and silver," says Mr. Ricardo, "having been chosen for the general medium of circulation,...competition of commerce, distributed in such proportions among the different countries of the world, as to accommodate themselves to the natural traffic which... | |
 | Robert William Dimand - 2004 - 540 стор.
...their own country, rather than seek a more advantageous employment for their wealth in foreign nations. Gold and silver having been chosen for the general...trade between countries were purely a trade of barter. Thus, cloth cannot be imported into Portugal, unless it sell there for more gold than it cost in the... | |
 | Denis Patrick O'Brien - 2004 - 458 стор.
...although he was only following the ideas laid down by Hume, his contemporaries, and his successors. "Gold and silver having been chosen for the general...the trade between countries were purely a trade of barter."31 In other words, the interaction of balance-ofpayments surpluses or deficits and relative... | |
 | Robert William Dimand - 2004 - 396 стор.
...desire more particularly to draw attention. As stated by Ricardo himself, it runs as follows : — Gold and silver having been chosen for the general...competition of commerce, distributed in such proportions among the different countries of the world, as to accommodate themselves to the natural traffic which... | |
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Gold and silver having been chosen for 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... 
