Business Quote by Henry Charles Carey
“The commerce of India does not grow, nor does that of Portugal, or of Turkey; that but that of the protected countries does increase, as has been shown in the case of Spain, and can now be shown in that of Germany.”
About This Quote
Source Book: Principles of Political Economy, 1854
Observes that trade growth is limited to protected nations, noting differences among countries.
In simple terms: Trade thrives under protection.
Key Takeaway
Consider protectionist policies.
Themes
economics
trade
policy
history
Mood
analytical
historical
Type
academic
informative
When to use this quote
- government policy
- international business
- historical analysis
- economic strategy
Key Concepts
political economy
mercantilism
Questions to Reflect On
- What are the costs of protectionism?
- How does protection affect consumer prices?
A Different Perspective
May ignore free‑trade benefits.
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