Studies in the Theory of International Trade"First edition." Bibliography: p. 602-631. |
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Page 14
... balance of pay- ments " in its strict sense of a net balance of immediate obliga- tions payable in specie , and the specie flows inward or outward resulting from the balance of payments were their primary con- cern . Payments on account ...
... balance of pay- ments " in its strict sense of a net balance of immediate obliga- tions payable in specie , and the specie flows inward or outward resulting from the balance of payments were their primary con- cern . Payments on account ...
Page 138
Jacob Viner. VII . THE BALANCE OF PAYMENTS ARGUMENT The anti - bullionists , however , had a more serious objection to raise against the acceptance of the premium on bullion over paper as a proof of excess ... BALANCE OF PAYMENTS ARGUMENT.
Jacob Viner. VII . THE BALANCE OF PAYMENTS ARGUMENT The anti - bullionists , however , had a more serious objection to raise against the acceptance of the premium on bullion over paper as a proof of excess ... BALANCE OF PAYMENTS ARGUMENT.
Page 295
... balance of payments at all and denied , therefore , that any mechanism of adjustment would be necessary . " The only justification for this position which he offered was that if a crop failure should be permitted to disturb the balance ...
... balance of payments at all and denied , therefore , that any mechanism of adjustment would be necessary . " The only justification for this position which he offered was that if a crop failure should be permitted to disturb the balance ...
Contents
CHAPTER | 1 |
ENGLISH THEORIES OF FOREIGN TRADE | 51 |
Introductory | 58 |
Copyright | |
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Common terms and phrases
abroad Adam Smith amount analysis anti-bullionists argument assumption balance of payments balance of trade bank notes Bank of England bankers Banque de France borrowing bullion bullionists Canadian capital cent central bank coin commerce Committee commodities comparative costs contraction country banks currency school curve demand deposits depreciation discount doctrine domestic drain economic effect equilibrium essay excess exchange expenditures export factors factors of production favorable fluctuations foreign trade funds gold Ibid import income inconvertible increase industry international trade J. S. Mill labor loans means of payment mechanism ment mercantilist metallic currency metallic standard modities monetary note circulation note issue operate paper currency paper money paying country political economy price levels Principles production proportion purchasing power rate of interest ratio real costs regulation reserve ratio reserves result resumption Ricardo rise Silberling silver specie terms of trade theory of international tion Torrens transfer units velocity writers