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International Trade

Imports are in fact paid for by exports and not by money.The Theory of Money and Creditp. 286International Trade
It is a matter of indifference whether one produces foodstuffs and raw materials at home oneself or, if it seems more economic, obtains them from abroad in exchange for other products that one has produced.Nation, State, and Economyp. 84International Trade
The world community of labor is based on the reciprocal advantage of all participants. Whoever wants to maintain and extend it must renounce all resentment in advance.Nation, State, and Economyp. 220International Trade
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