Product Description
by Thomas Mun (Author)
""England's Treasure By Foreign Trade"" is a book written by Thomas Mun in 1664, which was first published in 1895. The book is considered a classic in the field of economics and is one of the earliest works on international trade. In the book, Mun argues that a country's wealth is measured not by the amount of gold and silver it possesses, but by the balance of trade with other countries.Mun's central thesis is that a country should strive to export more than it imports, thereby accumulating wealth in the form of gold and silver. He argues that this can be achieved by increasing exports and reducing imports, and by promoting domestic production and reducing consumption of foreign goods. Mun also emphasizes the importance of free trade and the benefits of specialization and division of labor.The book is divided into four parts, each of which deals with a different aspect of international trade. The first part discusses the nature and causes of wealth, while the second part focuses on the balance of trade and the factors that influence it. The third part examines the impact of trade on domestic production and consumption, and the fourth part discusses the role of government in promoting trade.Overall, ""England's Treasure By Foreign Trade"" is a seminal work in the field of economics and provides valuable insights into the nature of international trade and its impact on national wealth. It remains a relevant and influential text to this day.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
