The digital edition of all books may be viewed on our website before purchase. Excerpt from The Commerce of Nations (Classic Reprint)
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This book has been written in the belief that existing commercial policy and the doctrines respecting it are best explained by reference to their history. A method that has been so fruitful in all other directions of social inquiry can hardly be ineffective in this one. Thus to give instances. The McK inley A ct (p. 77) is not properly understood until it is regarded as a single step in the legislation of a century. The Sugar Bounties (pp. 173-4) take us back to the continental system and the old colonial policy; and aC ustoms Union of theB ritish Empire presents difficulties only known to those who have studied the effect of the differential duties (p. 206). So it is also with plans for reciprocity. Their strongest refutation lies in the fact that they have been tried and failed (p. 196). In like manner the most effective justification of theE nglish Free Trade system is supplied by the history of its introduction (C hapter VI.). What is true of legislation applies equally to theory. Modern Protectionism should be studied in its development in order to see its connexion with ideas and sentiments unsuited for industrial civilization.
(Typographical errors above are due to OCR software and don't occur in the book.)
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Paperback. Etat : New. Print on Demand. This book delves into the intricate realm of international commerce, exploring its historical evolution and present-day significance. The author traces the roots of trade back to ancient times, highlighting its transformation from isolated exchanges between tribes to a complex global network. By examining the dynamics of comparative costs, the book unravels the underlying principles that drive trade between nations. It sheds light on how differences in production costs and resource endowments shape the patterns of exchange, leading to mutual benefits for participating countries. Beyond the economic mechanics, the book delves into the broader implications of international trade. It acknowledges the potential challenges, such as economic interdependence and the complexities of balancing trade, while emphasizing the overall advantages of specialization, increased productivity, and access to a wider range of goods and services. The author's insightful analysis provides a comprehensive understanding of international commerce, its historical context, and its crucial role in shaping the modern world. By illuminating the forces that drive trade and its impact on nations, the book offers valuable insights for navigating the complexities of the globalized economy. 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 9781330454299_0
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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-9781330454299
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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-9781330454299
Quantité disponible : 15 disponible(s)