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Capitation Taxes
The carrying trade is trade between two foreign countries, in which the merchant only uses their home country as a base of operations and/or transit point for goods.
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Carrying Trade Term Timeline in The Wealth of Nations
The timeline below shows where the term Carrying Trade appears in The Wealth of Nations. The colored dots and icons indicate which themes are associated with that appearance.
Book 2, Chapter 5
...silver, which are generally cheaper to transport because of their high value by weight. The carrying trade —or trading purely between foreign countries—doesn’t benefit the home country, except through the merchant’s profit...
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...more productive for a country to invest in domestic trade than foreign trade or the carrying trade . Still, exportation is useful when a country produces more of a good than it...
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Book 4, Chapter 4
While these drawback policies weren’t unreasonable, it makes little sense to encourage the carrying trade for its own sake. Customs houses benefit from the drawbacks, without which there would be...
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Book 4, Chapter 5
...four kinds of grain merchants: inland traders, importers, exporters, and re-exporters (who engage in the carrying trade ).
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...unprofitable. But the combination of import and export limits has, in effect, banned the grain carrying trade in Britain.
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...on imports and bounties for exports, as well as eliminating duties on imports for the carrying trade . However, they also create a new bounty for oats and ban grain exports at...
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Book 4, Chapter 7
...balanced variety of “small direct foreign trades” rather than one large, slow, indirect, insecure, mostly carrying trade . Britain should gradually dismantle this exclusive trade system.
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