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that neither exportation nor importation can occur if there are no differences in prices to make trade profitable. Quotes: The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices
         

The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices


that neither exportation nor importation can occur if there are no differences in prices to make trade profitable.
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The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices
         



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"that neither exportation nor importation can occur if there are no differences in prices to make trade profitable. Quotes." Quoteslyfe.com, 2024. Fri. 08 Nov. 2024. <https://www.quoteslyfe.com/quote/The-balance-of-payments-theory-forgets-that-80495>.





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This page presents the quote "The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices". Author of this quote is that neither exportation nor importation can occur if there are no differences in prices to make trade profitable.. This quote is about the theory of money and credit, ludwig von mises,.