The Economic Interpretation of History Lectures Delivered in Worcester College
The Economic Interpretation of History Lectures Delivered in Worcester College
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In our eReader you can find the full English version of the book. Read The Economic Interpretation of History Lectures Delivered in Worcester College Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Economic Interpretation of History Lectures Delivered in Worcester College
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Now this illustrates the position of the exports and imports in the balance-sheet of a nation which really trades. The imports are bought with the exports, the transaction, as far as the nation goes, being complete. If the former did not exceed the latter in reputed, and in real as well as reputed, value, the balance-sheet would show no profits, and the shareholders in the concern would have reason to be greatly alarmed. The profit is of course increased if the exporting country is obHged, what...ever price may be realized, to sell to the importing coimtry, as is the case with all debtor countries.
People sometimes point to the rapid growth of other countries as a proof that our own trade is declining. For example, the imports of the United States have increased during the last forty years by 700 per cent. , and the exports between 500 and 600. But in the United Kingdom the exports have increased during the same period 835 per cent. , the imports (for the last twenty-six, since before this date there was no computed or declared values given) 186 per cent.
What to read after The Economic Interpretation of History Lectures Delivered in Worcester College?
You can find similar books in the "Read Also" column, or choose other free books by James Edwin Thorold Rogers to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Now this illustrates the position of the exports and imports in the balance-sheet of a nation which really trades. The imports are bought with the exports, the transaction, as far as the nation goes, being complete. If the former did not exceed the latter in reputed, and in real as well as reputed, value, the balance-sheet would show no profits, and the shareholders in the concern would have reason to be greatly alarmed. The profit is of course increased if the exporting country is obHged, what...ever price may be realized, to sell to the importing coimtry, as is the case with all debtor countries.
People sometimes point to the rapid growth of other countries as a proof that our own trade is declining. For example, the imports of the United States have increased during the last forty years by 700 per cent. , and the exports between 500 and 600. But in the United Kingdom the exports have increased during the same period 835 per cent. , the imports (for the last twenty-six, since before this date there was no computed or declared values given) 186 per cent.
What to read after The Economic Interpretation of History Lectures Delivered in Worcester College?
You can find similar books in the "Read Also" column, or choose other free books by James Edwin Thorold Rogers to read onlineMoreLess
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