International trade

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Monograph

Identifikator:: 1024892336

URN:: urn:nbn:de:zbw-retromon-42711

Document type:: Monograph

Author:: Lissner, Julius http://d-nb.info/gnd/1115825569

Title:: Zur Wertzollfrage

Place of publication:: Leipzig

Publisher:: A. Deichert'sche Verlagsbuchhandlung Nachf.

Year of publication:: 1911

Scope:: 1 Online-Ressource (108 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Kapitel I. Wirkung und Ertrag der Tabaksteuer

Collection:: Economics Books

INTERNATIONAL TRADE CHAPTER 1 THREE CASES Ar the outset I must ask the reader’s patience, and a with- holding of judgment on his part, till the close of a systematic and prolonged exposition. Some assumptions will be made in the earlier chapters that must appear quite out of accord with facts, and some extremely simple and apparently unreal situations will be considered. It will be assumed, for example, that countries or regions trade with each other by a process of barter, and that the people concerned weigh deliberately the advantages of barter. It will be assumed, again, that within each country commodities are exchanged, by those making them, on the basis of the quantities of labor given to their production. These commodities, too, will be assumed to be produced at constant cost — that is, tho the vol- ume of output may change, each unit is always produced by the same quantity of labor. And so on thru a long list of provi- sional suppositions. As the subject is unfolded step by step, these will be qualified and supplemented, and verisimilitude will be attained, or at least some approach to verisimilitude. Many comments and criticisms that must arise in the reader’s mind will be met, I trust, as he proceeds. He is asked to judge the analysis which follows as a whole, regardless of seeming inadequacy in any one part considered by itself. We begin by distinguishing three sorts of cases. To these may be applied the terms: (1) absolute differences in cost; (2) equal differences in cost; (3) comparative differences in cost. In the analysis and interpretation of these cases, “cost” will mean labor cost, measured in terms of time, — so many days. A

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