| Peter Van den Bossche - 2005 - 784 páginas
...whatever else they have occasion for. What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign...cheaper than we ourselves can make it. better buy it of (hem with some part of the produce of our own industry, employed in a way in which we have some advantage.... | |
| 2005 - 436 páginas
...with one another. In his book An Inquiry into the Nature and Causes of the Wealth of Nations he said, 'If a foreign country can supply us with a commodity cheaper than we ourselves can make it, (we had) better buy it of them with some part of our own industry, employed in a way in which we have... | |
| David Ricardo - 2005 - 372 páginas
...full. All that he could muster was a special case of comparative advantage called absolute advantage. "If a foreign country can supply us with a commodity cheaper than we ourselves can make it," Smith correctly argued, "better buy it of them with some part of the product of our own industry, employed... | |
| Mark Rupert, M. Scott Solomon - 2006 - 190 páginas
...whatever else they have occasion for. What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign...with some part of the produce of our own industry employed in a way in which we have some advantage. The general industry of the country, being always... | |
| Richard L. Tames - 2005 - 232 páginas
...cause of Free Trade back 30 years. DOCUMENT 20 Adam Smith, Wealth of Nations (ijjff'), Vol II, p 401-2 If a foreign country can supply us with a commodity...with some part of the produce of our own industry employed in a way in which we have some advantage. The general industry of the country, being always... | |
| Elie Elhadj - 2006 - 218 páginas
...cost than the other actor. Adam Smith (1723-1790) wrote in his famous book. The Wealth of Nations: "if a foreign country can supply us with a commodity...with some part of the produce of our own industry, employed in a way in which we have some advantage." (Book 4: Systems of Political Economy, Chapter... | |
| Miltiades Chacholiades - 470 páginas
...to buy." He later continued that What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign...supply us with a commodity cheaper than we ourselves make it, better buy it of them with some part of the produce of our own industry employed in a way... | |
| John Balouziyeh - 2006 - 308 páginas
...further behind the rest of the world. 7. On Subsidies, Tariffs, and Wholesale Madness Mario Ghossoub "If a foreign country can supply us with a commodity...cheaper than we ourselves can make it, better buy it off them with some part of the produce of our own industry, employed in a way in which we have some... | |
| Moritz Schularick - 2006 - 342 páginas
...the other... What is prudence in the conduct ofevery private family can scarce befolly in that ofa great kingdom. If a foreign country can supply us...a commodity cheaper than we ourselves can make it, heiter buy it ofthem with some part ofthe produce ofour own industry, employed in a way in which we... | |
| Dewett K.K. & Navalur M.H. - 2010 - 992 páginas
...that they shall be imposed exclusively for revenue and not at all for protection. Adam Smith wrote: "If a foreign country can supply us with a commodity cheaper than we ourselves can produce, better buy it from them with some part of the produce of our own industry, employed in a way... | |
| |