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International trade

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fullscreen: International trade

Monograph

Identifikator:
898235332
URN:
urn:nbn:de:zbw-retromon-14541
Document type:
Monograph
Author:
Müller, Johannes http://d-nb.info/gnd/130010693
Title:
Abriss einer Geschichte der Theorie von den Produktionsfaktoren
Place of publication:
Naumburg a. d. S.
Publisher:
G. Pätz'sche Buchdr. Lippert & Co. G.m.b.H.
Year of publication:
1911
Scope:
1 Online-Ressource (53 Seiten)
Digitisation:
2017
Collection:
Economics Books
Usage license:
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
VIII. Karl Marx
Collection:
Economics Books

Contents

Table of contents

  • International trade
  • Title page
  • Contents
  • Part I. Theory
  • Part II. Problems of verification
  • Part III. International trade under inconvertible paper
  • Index

Full text

CONTENTS 
A 
xx1 
PAGES 
speculation and the underlying forces, 375. Effects differ accord- 
ing as changes in underlying situation are sudden or gradual. 
Speculation does not affect the final outcome, 377. Pegging, 
its use and its influence, 378. Gold exchange standard virtually 
a pegging process, 380. Advantages of pegging. Difficulties 
arise when established rate of exchange ceases to correspond with 
relative prices and incomes, 381. Do changes in interest rates 
permanently modify fundamental factors? Do the advo- 
cates of gold exchange standards and of managed currencies 
neglect the long-run problems? 383. 
CHAPTER 29 
INFLUENCE OF CHANGES IN THE VOLUME OF PAPER MONEY : 
Importance of distinction between progressive depreciation 
and stabilized depreciation, 385. Mere expansion of volume of 
paper money does not necessarily lead to a bounty on exports, 
385. Situation under silver exchange, 386. Export bounty 
occurs in countries of paper money only when exchange rises more 
than prices, 387. But exchange may rise less than prices and 
thereby place a bounty on imports, 387. Duration of any 
bounty on exports dependent on conditions of supply for exported 
goods, 389. Very great issues of paper introduce a situation to 
which the reasoning proper for moderate expansions does not 
apply, 390. Depreciation of paper may bring about a flight of 
capital, and lead in itself to a bounty on exports, 391. 
HE 
385-392 
CHAPTER 30 
SoME EXPERIENCES UNDER Paper MoNEY 
Scarcity of pertinent inductive studies, 393. The United 
States for the period 1866-1879 presents a case adapted for verifi- 
cation, 393. Graham's analysis of price movements and inter- 
national trade; the results in accord with theoretical prevision, 
397. Danger of oversimplification in the interpretation of 
complicated phenomena, 399. No conclusions possible con- 
cerning ultimate effects, 400. Williams’ analysis of Argentine 
trade in 1880-1900. Heavy borrowing was accompanied by 
movements of merchandise such as are in accord with theory, 
101. Correspondence between quantity of paper and price of 
gold, 402. Low premium on gold a check to exports. Qualifica- 
tions in interpreting the Argentine experience, 405. 
APPENDIX 
INDEX 
393-408 
409-419 
421425
	        

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