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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... "
Principles of Political Economy: With Some of Their Applications to Social ... - Сторінка 189
автори: John Stuart Mill - 1902 - 1013 стор.
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International Economics Two

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...
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The Theoretical Evolution of International Political Economy: A Reader

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...
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Economic Writings of James Pennington, 1826-1840

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...
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Developments of International Trade Theory

Takashi Negishi - 2001 - 248 стор.
...of gold are considered in his model. As a matter of fact, Ricardo himself considered these problems. “Gold and silver having been chosen for the general...between countries were purely a trade of barter” (Ricardo [1951], p. 137). “The metal gold, like all other commodities, has its value in the market...
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Irish Political Economy, Том 4

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, they are, by the 277 competition of commerce, distributed in such proportions among the different countries of the world,...
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The Classical Economists Revisited

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...
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The Origins of International Economics: Neoclassical theory of international ...

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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The Origins of International Economics: Classical theory of the gains from trade

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 medium of circulation, they are, by the 100 competition of commerce, distributed in such proportions amongst the different countries of the...
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The Origins of International Economics: The German transfer problem and ...

Robert William Dimand - 2004 - 624 стор.
..."Ricardo's greatest contribution to the theory of international trade", ie his well-known principle that "gold and silver, having been chosen for the general medium of circulation, . . . are, by the competition of commerce, distributed in such proportions amongst the different countries...
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Schulökonomik

Hans-Joachim Stadermann, Otto Steiger - 2006 - 416 стор.
...Ricardo, herausgegeben von P. Sraffa, Cambridge: Cambridge University Press, 1951, Band l, S. 137. „Gold and silver having been chosen for the general...between countries were purely a trade of barter." gewöhnliche Waren. Dabei kann der Barrenpreis des Edelmetalls sich nicht vom Münzpreis entfernen,...
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