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abroad Adam Smith amount analysis argument assumption balance of payments balance of trade bank notes Bank of England Banque de France borrowings bullion bullionists capital circulation coin commerce commodities commodity terms comparative costs country banks currency school curve deposits depreciation discount doctrine of comparative domestic economic effect English equilibrium essay excess exchange export factors factors of production favorable fluctuations foreign trade funds gain from trade German gold greater Ibid imported commodities income inconvertible increase industry international trade J. S. Mill labor linen loans marginal costs means of payment mechanism ment mercantilist metallic standard modities monetary money costs operate paper currency paper money paying country political economy price changes price levels Principles production proportion ratio real costs regulation relative price reserves result resumption Ricardo rise silver specie terms of trade theory of international tion Torrens transfer unit utility wages wheat writers