Chap。XVI
IllustrationofsomePrincipleslaiddownintheformerChapter,relativetotheAdvancementandSupportofforeignTradeIamnowtogiveanillustrationofsomethingsrelatingtothatspeciesoftradewhichiscarriedonwithothernations,laiddown,Ithink,intoogeneraltermsintheformerchapter。
Ihaveconstantlyinviewtoseparateanddistinguishtheprinciplesofforeigntrade,fromthosewhichinfluencetheadvancementofaninlandcommerce,andabriskcirculationonly;
operationswhichproduceverydifferenteffects,equallymeritingtheattentionofastatesman。
Theveryexistenceofforeigntrade,impliesaseparateinterestbetweenthosenationswhoarefoundontheoppositesidesofthemercantilecontract,namelythebuyersandthesellers,asbothendeavourtomakethehestbargainpossibleforthemselves。Thesetransactionsimplyamutualdependenceupononeanother,whichmayeitherbenecessaryorcontingent。Itisnecessary,whenoneofthenationscannotsubsistwithouttheassistanceoftheother,asisthecasebetweentheprovinceofHolland,andthosecountrieswhichsupplyitwithgrain;orcontingent,whenthewantsofaparticularnationcannotbesuppliedbytheirowninhabitants,fromawantofskillanddexterity,only。