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Item Details
Title:
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PRINCIPLES OF POLITICAL ECONOMY AND TAXATION
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By: |
David Ricardo |
Format: |
Hardback |

List price:
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£44.50 |
We currently do not stock this item, please contact the publisher directly for
further information.
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ISBN 10: |
8182202434 |
ISBN 13: |
9788182202436 |
Publisher: |
GLOBAL VISION PUBLISHING HOUSE |
Pub. date: |
1 December, 2008 |
Pages: |
394 |
Synopsis: |
Ricardo believed that wages should be left to free compe-tition, so there are no restrictions on the importation of agricultural products from abroad. The benefits of comparative advantage are both distributional and related to improved real income. Within Ricardo theory distributional effects included that foreign trade could not directly affect profits because profits respond only changes to the level of wages. The effects on income are always beneficial because foreign trade does not affect value. |
Publication: |
India |
Imprint: |
Global Vision Publishing House |
Returns: |
Non-returnable |
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