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.

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