David Ricardo：On the Principles of Political Economy and Taxation, Excerpt 148

If Portugal had no commercial connexion with other countries, instead of employing a great part of her capital and industry in the production of wines, with which she purchases for her own use the cloth and hardware of other countries, she would be obliged to devote a part of that capital to the manufacture of those commodities, which she would thus obtain probably inferior in quality as well as quantity.

Source： https://www.gutenberg.org/ebooks/33310
Locator：Excerpt 148 · Verified：2026-10-19 · Verification：Short excerpt

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