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The Theory of International Trade: With Some of Its Applications to Economic Policy (Classic Reprint) - Softcover
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Excerpt from The Theory of International Trade: With Some of Its Applications to Economic Policy
The present work is an attempt to restate, in a more complete form, the doctrines of the classical English School on an important and difficult branch of political economy. That school has been severely criticised from several different standpoints, and there need be no hesitation in admitting that the whole body of economic science stands in need of a thorough revision, and, in some of its parts, an entire recon struction. But it is not, therefore, incumbent on us to throw aside the more solid portions of the older building: it will rather be expedient to utilise all sound material already existing, and, as far as possible, to preserve that continuity of development which is one of the notes of a truly scientific system.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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- PublisherForgotten Books
- Publication date2019
- ISBN 10 1330296176
- ISBN 13 9781330296172
- BindingPaperback
- LanguageEnglish
- Number of pages222
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The Theory of International Trade (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book establishes a theory of international trade, built on a foundation of insights from classical political economy, with applications and consequences that are both enduring and relevant. The author postulates a basic and historically rooted distinction between nations as distinct from individuals, as the basis for theorizing on international trade value. The author argues that this concept of separate nations is both analytical and reflective of real-world conditions. The book's reasoning is grounded on the assumption that the mobility of labor and capital between nations is imperfect, which creates a special set of conditions for understanding exchange. Building on this, the author contends that the law of comparative cost is the main condition needed to establish a framework for international trade. The author's insights on international trade reveal the essential role of increased utility as the driver of trade, making this book a valuable resource for understanding a phenomenon critical to global economies. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330296172_0
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The Theory of International Trade With Some of Its Applications to Economic Policy Classic Reprint
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330296172
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The Theory of International Trade With Some of Its Applications to Economic Policy Classic Reprint
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330296172
Quantity: 15 available