As it is the power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of the market. Outlines of American Foreign Commerce - Page 6by Avard Longley Bishop - 1923 - 321 pagesFull view - About this book
| Adam Smith - 1789 - 526 pages
...of exchanging that gives L. occafion to the divifion of labour, fo the extent of this divifion muft always be limited by the extent of that power, or, in other words, by the extent of the market. When the market is very fmall, no perfon can have any encouragement to dedicate himfelf entirely to... | |
| Adam Smith - 1809 - 372 pages
...extent of the market. As it is the power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited...power, or in other words, by the extent of the market. When the market is very small, no person can have any encouragement to dedicate himself entirely to... | |
| Charles Ganilh - 1812 - 520 pages
...As it is the power of exchanging," says Adam Smith, " that gives occasion to the division of labour, so the extent of this division must always be limited...or, in other words, by the extent of the market." * There is, therefore, no donbt remaining concerning the extreme importance of commerce or the circulation... | |
| Adam Smith - 1812 - 530 pages
...power of exchanging that gives occafion to the diviu'on of labour, fo th§ extent of this divifion mufl always be limited by the extent of that power, or, in other words, by the extent of the market. When the market is very fmall, no perfon can have any encouragement to dedicate himfelf entirely to... | |
| Adam Smith - 1812 - 520 pages
...power of exchanging that gives occafion to the divifion of labour, fo the extent of this divifion muft always be limited by the extent of that power, or, in other words, by the extent of the market. When the market is very fmall, no perfon can have any encourage, ment to dedicate himfelf entirely... | |
| William Shepherd, Jeremiah Joyce, Lant Carpenter - 1815 - 598 pages
...Dr. Adam Smith. " As it is the power of exchanging, that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or the extent of the market." Hence the importance of commerce, or of the circulation of the produce of... | |
| Adam Smith - 1835 - 486 pages
...skives occasion to the division of labour [employments], so the extent of the division must always he limited by the extent of that power, or, in other words, by the extent of the market. When the market is very small, no person can have any encouragement to dedicate himself entirely to... | |
| Joseph Salway Eisdell - 1839 - 636 pages
...a cheaper rate. As it is the power of exchanging commodities that allows of the division of labour, so the extent of this division must always be limited by the extent of that power ; that is, by the extent of the market. When the market is very small, a man cannot devote himself... | |
| Travers Twiss - 1847 - 358 pages
...pointed out, that " as it is the power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited...power, or, in other words, by the extent of the market. When the market is very small, no person use of the term product. International commerce. ON COMMERCIAL... | |
| Sir Travers Twiss - 1847 - 356 pages
...pointed out, that " as it is the power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited...power, or, in other words, by the extent of the market. When the market is very small, no person can have any encouragement to dedicate himself LECTURE entirely... | |
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