 | James Maitland Earl of Lauderdale - 1996 - 184 páginas
...extensive market for whatever part of the produce of their labour may exceed the home consumption, it encourages them to improve its productive powers,...augment its annual produce to the utmost, and thereby increase the real revenue and wealth of the society.** * See V. 2, P. 22 [Gl. edn, p. 445] ** The advantage... | |
 | Douglas A. Irwin - 1998 - 290 páginas
...important services" performed by the division of labor and trade, which served to "augment [a country's] annual produce to the utmost, and thereby to increase the real revenue and wealth of the society."2 The theory of comparative advantage convinced the classical economists that the opportunity... | |
 | George T. Crane, Abla Amawi - 1997 - 354 páginas
...extensive market for whatever part of the produce of their labour may exceed the home consumption, it encourages them to improve its productive powers,...increase the real revenue and wealth of the society. These great and important services foreign trade is continually occupied in performing, to all the... | |
 | Harry Bowen, Abraham Hollander, Jean-Marie Viaene - 1998 - 684 páginas
...extensive market for whatever part of the produce of their labour may exceed the home consumption, it encourages them to improve its productive powers,...increase the real revenue and wealth of the society. (Smith, 1776, p. 326) David Ricardo (1817) recast and amplified Smith's observations on the benefits... | |
 | Ozay Mehmet - 1999 - 232 páginas
...extensive market for whatever part of the produce of their labour that may exceed the home consumption, it encourages them to improve its productive powers,...increase the real revenue and wealth of the society. (Smith 1776: vol. I: 413) Smith's vent-for-surplus theory is illustrated in Figure 2.3. Suppose a hypothetical... | |
 | David Williams - 1999 - 534 páginas
...their labour may exceed the home consumption, it encourages them to improve its productive powers, and augment its annual produce to the utmost, and thereby...increase the real revenue and wealth of the society. These great and important services foreign trade is continually occupied in performing to all the different... | |
 | Murray C. Kemp - 2001 - 240 páginas
...extensive market for whatever part of the produce of their labour may exceed the home consumption, it encourages them to improve its productive powers,...increase the real revenue and wealth of the society. (Smith, 1937:415) On the other hand, it is widely believed that Smith's conjecture is false, that increasing... | |
 | Gerald M. Meier - 2004 - 264 páginas
...extensive market for whatever part of the produce of their labour may exceed the home consumption, it encourages them to improve its productive powers,...increase the real revenue and wealth of the society. (1776: bk. 4, ch. 1) In recognizing the significance of the width of the market, Smith also presents... | |
 | Adam Smith - 2004 - 260 páginas
...extensive market for whatever part of the produce of their labour may exceed the home consumption, it encourages them to improve its productive powers,...increase the real revenue and wealth of the society. These great and important services foreign trade is continually occupied in performing, to all the... | |
 | Robert William Dimand - 2004 - 540 páginas
...extenfive market for whatever part of the produce of their labour may exceed the home confumption, • it encourages them to improve its productive powers, and to augment its annual produce to the utmoft, and thereby increafe the real revenue and • wealth of the fociety. Thefe great and important... | |
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By opening a more extensive market for whatever part of the produce of their labour may exceed the home consumption, it encourages them to improve its productive powers, and to augment its annual produce to the utmost, and thereby to increase the real... 
