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" If they do not do this, there seems no general ground for assuming that they will all be able to find employment in A, as remunerative as that withdrawn from them. No doubt as the cost of production in agriculture may be assumed to increase continuously,... "
Hermathena - Pagina 100
1890
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The Principles of Political Economy

Henry Sidgwick - 1883 - 626 pagini
...now consumed by the persons engaged in its chief branches of manufacture. Suppose that the country j having been strictly protected adopts Free Trade,...theoretically possible that they could not be so employed at all; so that the natural result of Free Trade may be that A will only support a smaller, though wealthier,...
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The Principles of Political Economy

Henry Sidgwick - 1883 - 626 pagini
...continuously, a certain amount of additional labour may now be employed in agriculture which will he more productive on the whole than some of the labour...theoretically possible that they could not be so employed at all; so that the natural result of Free Trade may be that A will only support a smaller, though wealthier,...
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The Theory of International Trade: With Some of Its Applications to Economic ...

Charles Francis Bastable - 1897 - 288 pagini
...emigrate and supply the labour required in the extended manufactures of B, or in the newly-developed trade between A and B. If they do not do this there...theoretically possible that they could not be so employed at all." l The foregoing case suggests several points of interest. It is, as Mr. Sidgwick says, " an improbable...
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The Origins of International Economics: Neoclassical theory of international ...

Robert William Dimand - 2004 - 396 pagini
...agriculture .... But if the additional labour is only applicable at a rapidly increasing cost .... it is theoretically quite possible that a portion...to yield any surplus above their own consumption." This passage, quoted with approbation by the present writer, formed the thesis ; 4 which is represented...
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