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" It carries out that surplus part of the produce of their land and labour for which there is no demand among them, and brings back in return for it something else for which there is a demand. It gives a value to their superfluities, by exchanging them... "
An Inquiry into the Nature and Causes of the Wealth of Nations, Volume 2 - Página 10
por Adam Smith - 1869
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Some Readings in Economics: Prepared for the Use of Students in Course I ...

Fred Manville Taylor - 1907 - 242 páginas
...part of the produce of their land and labour for which there is no demand among them, and brings back in return for it something else for which there is a demand.* . . . By means of it, the narrowness of the home market does not hinder the division of labour in any...
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Smuggling in the American Colonies at the Outbreak of the Revolution: With ...

William Smith McClellan - 1912 - 136 páginas
...part of the product of their land and labour for which there is no demand among them and brings back in return for it something else for which there is a demand." l Holland advanced farthest toward this principle, though even she fell far short of 1 Adam Smith,...
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The Foreign Trade of the United States: Its Character, Organization and Methods

Lillian Cummings Ford, Thomas Francis Ford - 1920 - 352 páginas
...part of the produce of their land and labor for which there is no demand among them, and brings back in return for it something else for which there is...of the home market does not hinder the division of labor in any particular branch of art or manufacture from being carried to the highest perfection....
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Selected Readings in International Trade and Tariff Problems

Frank William Taussig - 1921 - 586 páginas
...for which there is no demand among them, and brings back in return for it something else for iwhich there is a demand. It gives a value to their superfluities,...home market does not hinder the division of labour . v in any particular branch of art or manufacture from being carried to the highest perfection. By...
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International Trade Finance

George William Edwards - 1924 - 522 páginas
...part of the produce of their land and labour for which there is no demand among them, and brings back in return for it something else for which there is...not hinder the division of labour in any particular branch of art from being carried to the highest perfection. By opening a more extensive market for...
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The New International Encyclop©Œdia, Volume 12

1922 - 874 páginas
...part of the produce of their land and labor for which there is no demand among them, and brings back in return for it something else for which there is...of the home market does not hinder the division of labor in any particular branch of art or manufacture from being carried to the highest perfection....
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Canada's Foreign Trade in Agricultural Products

Garnet Homer Cutler - 1928 - 690 páginas
...of the product of their " "land and labor for which there is no demand among them and "brings back in return for it something else for which there is" "a demand." 2 Accordingly i national commercial affairs were conducted as though things would work out satisfactorily,...
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Colonialism in Africa 1870-1960: Volume 4

L. H. Gann, Peter Duignan, Victor Witter Turner - 1969 - 746 páginas
...part of the produce of their land and labour for which there is no demand among them, and brings back in return for it something else for which there is...not hinder the division of labour in any particular branch of art or manufacture from being carried to the highest perfection. By opening a more extensive...
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Theories of Value and Distribution Since Adam Smith: Ideology and Economic ...

Maurice Dobb - 1975 - 308 páginas
...commercial, or mercantile system' (Chapter 1 of Book 1v) contains the following eulogy of foreign trade: "It gives a value to their superfluities, by exchanging...not hinder the division of labour in any particular branch of art or manufacture from being carried to the highest perfection. By opening a more extensive...
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Adam Smith: Critical Assessments, Volume 4

John Cunningham Wood - 1993 - 344 páginas
...trade. He quickly develops this, however, into a dynamic model. By means of trade. Smith argued.". . . the narrowness of the home market does not hinder the division of labor in any particular branch of art of manufacture from being carried to the highest perfection....
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