Explore how foreign trade reshapes wealth, wages, and production in a competitive economy.
This book untangles the big ideas behind international exchange and its practical effects.
Charles Francis Bastable’s analysis surveys how imports and exports influence distribution among landowners, capitalists, and workers. It discusses how the margin of cultivation, rent, and wages interact with trade, and how readjustments in production can raise efficiency and real wages. The text compares Ricardian and Edgeworth interpretations, highlighting where free trade can shift the balance of power and income across classes. It also explains how transport improvements and the composition of imports (food, raw materials, and consumer goods) shape national wealth and living standards.
The discussion blends theory with practical implications, offering a framework to understand genuine economic change from trade policy and technological progress alike. It emphasizes that the effects of foreign trade are nuanced—benefiting consumers through cheaper goods and potentially altering the earnings of different social groups as industries reorganize.
Ideal for readers of economic theory and the history of international trade, as well as students seeking a foundational perspective on how trade shapes national prosperity.
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book establishes a theory of international trade, built on a foundation of insights from classical political economy, with applications and consequences that are both enduring and relevant. The author postulates a basic and historically rooted distinction between nations as distinct from individuals, as the basis for theorizing on international trade value. The author argues that this concept of separate nations is both analytical and reflective of real-world conditions. The book's reasoning is grounded on the assumption that the mobility of labor and capital between nations is imperfect, which creates a special set of conditions for understanding exchange. Building on this, the author contends that the law of comparative cost is the main condition needed to establish a framework for international trade. The author's insights on international trade reveal the essential role of increased utility as the driver of trade, making this book a valuable resource for understanding a phenomenon critical to global economies. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330296172_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330296172
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330296172
Quantité disponible : 15 disponible(s)