“The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices”
“The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices”
that neither exportation nor importation can occur if there are no differences in prices to make trade profitable.Save QuoteView Quote
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“The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices”
that neither exportation nor importation can occur if there are no differences in prices to make trade profitable.Save QuoteView Quote
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