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" Such, then, is the direct economical advantage of foreign trade. But there are, besides, indirect effects, which must be counted as benefits of a high order. One is, the tendency of every extension of the market to improve the processes of production. "
Journal of the Statistical Society of London - Página 188
1878
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A Letter from Major Robert Carmichael-Smyth to His Friend, the Author of ...

Robert Carmichael-Smyth - 1849 - 88 páginas
...would be able to buy twice as much, as " he would have twice as much to offer in exchange." Also — " A country which produces for a larger market " than...introduce a more extended division of " labour— can make a greater use of machinery, and is " more likely to make inventions and improvements in the " progress...
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Principles of Political Economy: With Some of Their Applications ..., Volumen 2

John Stuart Mill - 1852 - 608 páginas
...advantage of foreign trade. But thera are, besides, indirect effects, which mast be counted as benefits of a high order. One is, the tendency of every extension...of labour, can make greater use of machinery, and i> more likely to make inventions and improvements in the processes of production. Whatever causes...
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Principles of Political Economy: With Some of Their Applications ..., Volumen 2

John Stuart Mill - 1868 - 622 páginas
...advantage of foreign trade. But there are, besides, indirect effects, which must be counted as benefits of a high order. One is, the tendency of every extension...labour, can make greater use of machinery, and is more likelv to make inventions and improvements in tho processes of production. Whatever causes a greater...
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Principles of Political Economy, with Some of Their Applications ..., Volumen 2

John Stuart Mill - 1896 - 614 páginas
...advantage of foreign trade. But there are, besides, indirect effects, which must be counted as benefits of a high order. One is, the tendency of every extension...processes of production. A country which produces for S larger market than its own, can introduce a more extended ivision of labour, can make greater use...
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Principles of Political Economy with Some of Their Applications to Social ...

John Stuart Mill - 1875 - 624 páginas
...advantage of foreign trade. But there are, besides, indirect effects, which must be counted as benefits of a high order. One is, the tendency of! every extension of the market to im-| prove the processes of production. A country which produces for a larger market than its own,...
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Principles of Political Economy with Some of Their Applications ..., Volumen 2

John Stuart Mill - 1883 - 616 páginas
...advantage of foreign trade. But there are, besides, indirect effects, which must be counted as benefits of a high order. One is, the tendency of every extension...division of labour, can make greater use of machinery, arid is more likely to make inventions and improvements in the processes of production. 'Whatever causes...
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Principles of Political Economy, Volumen 1

John Stuart Mill - 1884 - 718 páginas
...the country, and so less profitable to both labor and capital than the majority of other occupations. tendency of every extension of the market to improve...its own can introduce a more extended division of labor, can make greater use of machinery, and is more likely to make inventions and improvements in...
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Principles of Political Economy

John Stuart Mill - 1887 - 722 páginas
...trade. But there are, besides, indirect effects, which must be counted as benefits of a high order. (1) One is, the tendency of every extension of the market...its own can introduce a more extended division of labor, can make greater use of machinery, and is more likely to make inventions and improvements in...
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Principles of Political Economy: With Some of Their Applications ..., Volumen 2

John Stuart Mill - 1892 - 620 páginas
...besides, indirect effects, which must be counted as benefits of a high order. One is, the s/tendency of every extension of the market to improve the ''processes of production. A country which pro3uces for a larger market than its own, can introduce a more extended division of labour, can make...
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The World's Great Classics: Principles of political economy, by J.S. Mill

Timothy Dwight, Julian Hawthorne - 1899 - 538 páginas
...advantage of foreign trade. But there are, besides, indirect effects, which must be counted as benefits of a high order. One is, the tendency of every extension...its own, can introduce a more extended division of labor, can make greater use of machinery, and is more likely to make inventions and improvements in...
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