Principles of Foreign Trade |
Contents
ELEMENTARY PRINCIPLES OF TRADE | 1 |
THE PRINCIPLE OF COMPARATIVE COST | 21 |
A General Statement of the Theory of Trade | 32 |
Copyright | |
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abroad absolute advantage agricultural amount Argentina balance of payments balance of trade bank bill of lading bushel of wheat capital carrier cent chapter commerce commission house comparative advantage competition consumers cost credit items days of labor debit item decline demand dollars domestic trade draft economic effect England Europe European example exchange rate export house exports and imports fact factors favorable foreign countries foreign market foreign purchasing power foreign trade freight function funds Germany gold increased industrial countries interest international trade investment Japan lines loans manufacturing ment merchant marine method middlemen nature obtain ocean operation period port possible pounds sterling principle profitable railroad rate of exchange relative result risk sell seller shipment shippers South America supply tariff tion tramp vessels transactions transportation United United Kingdom volume wages yards of cloth