TEXT ❖ BASE
John Stuart Mill — Principles of Political Economy
John Stuart Mill
Principles of Political Economy
Exchange
Chapter XIII. Of International Trade.
Chapter XIII. Of International Trade.
§ 1. Cost of Production not a regulator of international values. Extension of the word “international.”
§ 2. Interchange of commodities between distance places determined by differences not in their absolute, but in the comparative, costs of production.
§ 3. The direct benefits of commerce consist in increased Efficiency of the productive powers of the World.
§ 4. —Not in a Vent for exports, nor in the gains of Merchants.
§ 5. Indirect benefits of Commerce, Economical and Moral; still greater than the Direct.