ABSTRACT
When a State exchanges a small product of Land for a larger in Foreign Trade, it seems to have the advantage; and if current money is more abundant there than abroad it will always exchange a smaller product of Land for a greater. When the State exchanges its Labour for the produce of foreign land it seems to have the advantage, since its inhabitants are fed at the Foreigner's expense. When a State exchanges its Produce conjointly with its Labour, for a larger Produce of the Foreigner conjointly with equal or greater labour, it seems again to have the advantage. The increase in the quantity of silver circulating in a State gives it great advantages in foreign trade so long as this abundance of money lasts. It is true that the continued increase of money will at length by its abundance cause a dearness of Land and Labour in the State.
