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" What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of... "
Fisher's National Magazine and Industrial Record - Página 714
1846
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The State and International Relations

John M. Hobson - 2000 - 270 páginas
...production from wine to cloth and freely exchanging it for Portuguese wine (Ricardo 1817/ 1969: 82-3). 'If a foreign country can supply us with a commodity...cheaper than we can make it, better buy it of them with the fruits of our own industry, employed in a way that we have some advantage' (Smith 1776/1937:424)....
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Achieving Growth and Prosperity Through Freedom: A Compilation of ..., Volumen4

United States. Congress. Joint Economic Committee - 2000 - 548 páginas
...industry with subsidies. A liberal interpretation of 'dumping' is necessary to protect domestic industry." If a foreign country can supply us with a commodity cheaper than we ourselves can make it, [we had] better buy it off them with some part of our own industry, employed...
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Regulation Public Procurement - National and International Perspectives

Sue Arrowsmith, John Linarelli, Don Wallace - 2000 - 890 páginas
...is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry. . ....
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From Adam Smith to Michael Porter: Evolution of Competitiveness Theory

Dong-Sung Cho, Tong-sŏng Cho, Hwy-Chang Moon - 2000 - 252 páginas
...is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed...
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The International Economy

Peter B. Kenen - 2000 - 628 páginas
...equilibrium will be established at W, where British consumers appropriate all the gains from trade. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed...
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Empowerment Through Economic Transformation

Meshack M. Khosa - 2001 - 498 páginas
...is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed...
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Southeast Asia: The Long Road Ahead

Chong-Yah Lim - 2001 - 440 páginas
...in Malaysia, New York, NY: St. Martin's Press. Chapter 7 Economic Inter-Dependence: External Trade "If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry employed...
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Reason and Revelation

Seena Fazel, John Danesh - 2002 - 272 páginas
...is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it off them with some part of the produce of our own industry, employed...
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The Rules of the Global Game: A New Look at US International Economic ...

Kenneth W. Dam - 2001 - 358 páginas
...though later economists such as David Ricardo spelled it out at greater length. According to Smith, "If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry employed...
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A Trading Nation: Canadian Trade Policy from Colonialism to Globalization

Michael Hart - 2002 - 580 páginas
...prudence in the conduct of every private family life, can scarcely be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our own industry, employed...
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