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" Under a system of perfectly free commerce, each country naturally devotes its capital and labour to such employments as are most beneficial to each. This pursuit of individual advantage is admirably connected with the universal good of the whole. "
On production - Página 354
por Joseph Salway Eisdell - 1839
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Free Trade Reimagined: The World Division of Labor and the Method of Economics

Roberto Mangabeira Unger - 2010 - 240 páginas
...emphasis in David Ricardo's canonical statement of the theory of free trade and comparative advantage: "Under a system of perfectly free commerce each country naturally devotes its capital and labor to such employments as are most beneficial to each. By stimulating industry, by rewarding ingenuity,...
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Distressed US Industries in the Era of Globalization

Lall Ramrattan, Michael Szenberg - 2007 - 184 páginas
...lands, and by its own interior commerce, but not by foreign trade" (Smith 1976, 495). David Ricardo: 1) "Under a system of perfectly free commerce, each country naturally devotes its capital and labor to such employments as are most beneficial to each. This pursuit of individual advantage is admirable...
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Solución de diferencias ante la OMC: presente y perspectivas

Fernando Piérola - 2008 - 279 páginas
...preferencias comerciales. Se podría dar lo que se conoce como desviación 1 En palabras de David Ricardo: "Under a system of perfectly free commerce, each country...universal good of the whole. By stimulating industry, by regarding ingenuity, and by using most efficaciously the peculiar powers bestowed by nature, it distributes...
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Aims and Perspectives of a New Trade Alliance

Marcio Botelho - 2005 - 81 páginas
...importing wine from Portugal would also gain from trade. According to Ricardo (1821 [1817], chapter. 7), "[u]nder a system of perfectly free commerce, each...universal good of the whole. By stimulating industry, by regarding ingenuity, and by using most efficaciously the peculiar powers bestowed by nature, it distributes...
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Encyclopaedia Britannica; Or A Dictionary of Arts, Sciences, and ..., Volumen1

1824 - 996 páginas
...and industry. When the freedom of commerce is not restricted, each country necessarily devotes itself to such employments as are most beneficial to each....individual advantage is admirably connected with the good of the whole. By stimulating industry, by rewarding ingenuity, and 243 territorial by using most...
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