On the Balance of Trade

On the Balance of Trade PDF Author: David Hume
Publisher: Createspace Independent Publishing Platform
ISBN: 9781522783992
Category :
Languages : en
Pages : 28

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Book Description
David Hume (7 May 1711- 25 August 1776) was a Scottish philosopher, historian, economist, and essayist, known especially for his philosophical empiricism and skepticism. He is regarded as one of the most important figures in the history of Western philosophy and the Scottish Enlightenment. Hume is often grouped with John Locke, George Berkeley, and a handful of others as a British Empiricist. Beginning with his A Treatise of Human Nature (1739), Hume strove to create a total naturalistic "science of man" that examined the psychological basis of human nature. In stark opposition to the rationalists who preceded him, most notably Descartes, he concluded that desire rather than reason governed human behaviour, saying: "Reason is, and ought only to be the slave of the passions." A prominent figure in the skeptical philosophical tradition and a strong empiricist, he argued against the existence of innate ideas, concluding instead that humans have knowledge only of things they directly experience. Thus he divides perceptions between strong and lively "impressions" or direct sensations and fainter "ideas," which are copied from impressions. He developed the position that mental behaviour is governed by "custom"; our use of induction, for example, is justified only by our idea of the "constant conjunction" of causes and effects. Hume held notoriously ambiguous views of Christianity, but he famously challenged the argument from design in his Dialogues Concerning Natural Religion (1779).

On the Balance of Trade

On the Balance of Trade PDF Author: David Hume
Publisher: Createspace Independent Publishing Platform
ISBN: 9781522783992
Category :
Languages : en
Pages : 28

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Book Description
David Hume (7 May 1711- 25 August 1776) was a Scottish philosopher, historian, economist, and essayist, known especially for his philosophical empiricism and skepticism. He is regarded as one of the most important figures in the history of Western philosophy and the Scottish Enlightenment. Hume is often grouped with John Locke, George Berkeley, and a handful of others as a British Empiricist. Beginning with his A Treatise of Human Nature (1739), Hume strove to create a total naturalistic "science of man" that examined the psychological basis of human nature. In stark opposition to the rationalists who preceded him, most notably Descartes, he concluded that desire rather than reason governed human behaviour, saying: "Reason is, and ought only to be the slave of the passions." A prominent figure in the skeptical philosophical tradition and a strong empiricist, he argued against the existence of innate ideas, concluding instead that humans have knowledge only of things they directly experience. Thus he divides perceptions between strong and lively "impressions" or direct sensations and fainter "ideas," which are copied from impressions. He developed the position that mental behaviour is governed by "custom"; our use of induction, for example, is justified only by our idea of the "constant conjunction" of causes and effects. Hume held notoriously ambiguous views of Christianity, but he famously challenged the argument from design in his Dialogues Concerning Natural Religion (1779).

Balance of Trade

Balance of Trade PDF Author: Sharon Lee
Publisher: Baen Publishing Enterprises
ISBN: 1625794207
Category : Fiction
Languages : en
Pages : 574

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Book Description
Assistant Trader Jethri Gobelyn is an honest, hardworking young Terran who knows a lot about living onboard his family's space going trade ship 'Gobelyn's Market', something about trade, finance, and risk taking and a little bit about Liadens. Oddly enough, it's the little bit he knows about Liadens that seems likely to make his family's fortune¾and his own. In short order, however, Jethri Gobelyn is about to learn a lot more about Liadens . . . like how far they might go to protect their name and reputation. Like the myriad of things one might say¾intentionally or not¾with a single bow. Like how hard it is to say "I'm sorry!" in Liaden. Like how difficult it is to deal with a beguiling set of Liaden twins who may very well know exactly what he's thinking . . . . Soon it became clear that as little as he knew about Liadens, he knew far less about himself. With his very existence a threat to the balance of trade, Jethri needs to learn fast, or become a pawn in a game that will destroy all he has come to hold dear. At the publisher's request, this title is sold without DRM (Digital Rights Management).

Balanced Trade

Balanced Trade PDF Author: Jesse Richman
Publisher: Lexington Books
ISBN: 073918881X
Category : Business & Economics
Languages : en
Pages : 145

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Book Description
How should a principled nation which believes in the benefits of mutually beneficial trade respond to the predations of mercantilist trading partners and imbalanced trade? Many argue that the response should be to do little or nothing. Balanced Trade argues that achieving the full benefits of international trade requires an effective response. Although trade deficits provide short-term gains in consumption, these are combined with long-term losses in consumption, innovation, investment, employment and power. Furthermore, market mechanisms do not correct trade imbalances that result from mercantilism, nor do they compensate for the long term shift in production and consumption towards the mercantilist. Balancing trade can make important short run and long run contributions to economic stability and prosperity. In America today, despite the growing evidence that imbalanced free trade is not working, many American economists remain adamant in their promotion of free trade. They are also quick to label actions taken to balance trade as protectionism. The political system has also failed to effectively address the problem of imbalanced trade, and the Federal Reserve has often exacerbated rather than addressed the challenge. We show that the classical economic arguments against mercantilism do not justify doing nothing. Effectively responding to imbalanced trade and mercantilism requires careful selection of strategy in order to achieve multiple objectives: balancing trade while maintaining the benefits of international trade, avoiding unnecessary inefficiencies, and maintaining compliance with international law. One of the best options is the Scaled Tariff. By targeting countries with which the United States has a large current account deficit, the Scaled Tariff would efficiently, legally, and effectively balance trade. It would be applied to all imported goods from trade surplus countries that have had a sizable trade surplus with the United States over the most recent four economic quarters.The tariff rate would be designed to take in a portion (e.g. 50%) of the bilateral trade deficit (goods plus services) as revenue. No particular product is protected; the scaled tariff simply changes the terms of trade between the two countries, much as currency devaluation would change the terms of trade with all countries.

Balance of Payments Textbook

Balance of Payments Textbook PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1557755701
Category : Business & Economics
Languages : en
Pages : 159

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Book Description
The Balance of Payments Textbook, like the Balance of Payments Compilation Guide, is a companion document to the fifth edition of the Balance of Payments Manual. The Textbook provides illustrative examples and applications of concepts, definitions, classifications, and conventions contained in the Manual and affords compilers with opportunities for enhancing their understanding of the relevant parts of the Manual. The Textbook is one of the main reference materials for training courses in balance of payments methodology.

Introduction to Business

Introduction to Business PDF Author: Lawrence J. Gitman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 1455

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Book Description
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.

Balance of Payments Compilation Guide

Balance of Payments Compilation Guide PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781557754707
Category : Business & Economics
Languages : en
Pages : 398

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Book Description
A companion document to the fifth edition of the Balance of Payments Manual, the Balance of Payments Compilation Guide shows how the conceptual framework described in the Manual may be implemented in practice. The primary purpose of the Guide is to provide practical guidance for using sources and methods to compile statistics on the balance of payments and the international investment position. the Guide is designed to assist balance of payments compilers and statisticians in understanding the relative strengths and weaknesses of various approaches. The material reflects the emergence of new data sources and adaptations in the application of statistical methodologies to changing circumstances. Discussed in the Guide are all of the tasks that a BOP compiler normally performs. Appendices contain a set of model BOP questionnaires and a set of model BOP publication tables. Relationships between the balance of payments statistics and relevant aspects of national accounts are covered as well.

International Trade Policies in the Era of Globalization

International Trade Policies in the Era of Globalization PDF Author: Co?kun ™zer, Ahu
Publisher: IGI Global
ISBN: 1522595686
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
Though globalization has removed commercial walls between countries and implemented new international trade policies, trade barriers still exist. Due to the various political barriers surrounding other countries, the future of world trade has become uncertain. Understanding these barriers and their implications is imperative to implementing successful foreign trade policies. International Trade Policies in the Era of Globalization provides relevant theoretical frameworks and the latest empirical research findings on international trade and improves the understanding of the strategic role of trade policies and their importance in the global economy. The content within this publication contains reports on global trade, trade wars, and foreign policy. This research is designed for policymakers, government officials, economists, business professionals, researchers, and international business students.

The Atlas of Economic Complexity

The Atlas of Economic Complexity PDF Author: Ricardo Hausmann
Publisher: MIT Press
ISBN: 0262317737
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.

Has Globalization Gone Too Far?

Has Globalization Gone Too Far? PDF Author: Dani Rodrik
Publisher: Peterson Institute
ISBN: 0881325252
Category :
Languages : en
Pages : 121

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Book Description


Crystal Dragon

Crystal Dragon PDF Author: Sharon Lee
Publisher: Meisha Merlin Publishing
ISBN: 9781592220878
Category : Comics & Graphic Novels
Languages : en
Pages : 376

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Book Description
Skeeve's sabbatical turns into a teaching stint but, unknown to him, his students are actually preparing for a deadly magical competition.