The International Economy |
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abroad advantage agreements American dollars Argentina balance Bank of England Brazil Britain British capital Chapter China cloth colonies commerce commodity prices comparative advantage costs cotton coun country's currency decline demand and supply deposits depreciation depression developed domestic draft Dutch East Indies economic effect England equilibrium Europe European exchange control exchange rates exports factors factors of production fluctuations foreign bills foreign currency foreign exchange foreign trade France funds Germany gold standard imports increased India industry interest international trade investment labor large amount letter of credit linen loans London manufacture ment mercantilists merchandise merchant marine metals monetary nations payments period political ports pounds price level price of silver principal production purchasing power purchasing power parity quantities raw materials received Reserve result Ricardo sell shipment ships stabilization tariff tend terms of trade tion transactions United vessels wages York