Comments on: Can anybody explain me these quotatations please ? http://www.commoditytradingonline.info/commodity-trading-system/can-anybody-explain-me-these-quotatations-please Trade World Commodities Online Mon, 12 Jul 2010 12:57:14 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Eddie R http://www.commoditytradingonline.info/commodity-trading-system/can-anybody-explain-me-these-quotatations-please/comment-page-1#comment-563 Eddie R Mon, 29 Dec 2008 20:31:59 +0000 http://www.commoditytradingonline.info/commodity-trading-system/can-anybody-explain-me-these-quotatations-please#comment-563 1: basically it argues that rather than have an unregulated import and export base a nation should limit what it imports to just those goods it needs for internal production so it has the inputs it needs to keep it's workers employed. The export of any goods which are excess to its own internal needs to gain advantages of economies of scale thus making the product cheaper for interal consumers while allowing it to build a positive trade advantage over other nations through exporting value added goods. 2. Keeping internal employment up by exporting only those goods which are surplus production goods made from taking advantage of the economies of scale and sellling them for goods of lesser value which the nation needs. Either as an input in the factors of production or because they can manufacture the final goods for themselves once they have all the inputs they need. This allows a broader market to develop within the nation thus improving choice of goods, quality of goods, and maintaining a healthy supply and demand for the internal market at a good price. The argument is that a nation needn't trade just to gain gold or silver or foreign currency but as a means of ensuring full internal employment and as a means of gaining resources/inputs for production which it needs. 3. The argument is that the market may not necessarily be run according to consumer wants/desires but if given a chance, production could, by virtue of introducing a larger variety of consumer goods, would stimulate more wants from the consumers thus ensuring more production output for the benefit of all. <br><b>References : </b><br> 1: basically it argues that rather than have an unregulated import and export base a nation should limit what it imports to just those goods it needs for internal production so it has the inputs it needs to keep it’s workers employed.
The export of any goods which are excess to its own internal needs to gain advantages of economies of scale thus making the product cheaper for interal consumers while allowing it to build a positive trade advantage over other nations through exporting value added goods.

2. Keeping internal employment up by exporting only those goods which are surplus production goods made from taking advantage of the economies of scale and sellling them for goods of lesser value which the nation needs. Either as an input in the factors of production or because they can manufacture the final goods for themselves once they have all the inputs they need.
This allows a broader market to develop within the nation thus improving choice of goods, quality of goods, and maintaining a healthy supply and demand for the internal market at a good price.
The argument is that a nation needn’t trade just to gain gold or silver or foreign currency but as a means of ensuring full internal employment and as a means of gaining resources/inputs for production which it needs.

3. The argument is that the market may not necessarily be run according to consumer wants/desires but if given a chance, production could, by virtue of introducing a larger variety of consumer goods, would stimulate more wants from the consumers thus ensuring more production output for the benefit of all.
References :

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