• § 1. The values of imported commodities depend on the Terms of international interchange.
• § 2. The values of foreign commodities depend, not upon Cost of Production, but upon Reciprocal Demand and Supply.
• § 3. —As illustrated by trade in cloth and linen between England and Germany.
• § 4. The conclusion states in the Equation of International Demand.
• § 5. The cost to a country of its imports depends not only on the ratio of exchange, but on the efficiency of its labor.