--- title: "Meaning & Key Takeaway of: The advantage to Great Britain of a…" description: "\"The advantage to Great Britain of a regular free trade in corn would, therefore, be more by raising the rest of the world to our standard and price, th..." image: "https://sms4smile.com/quotes/i/e68/joseph-hume-25663_advantage_the-advantage-to-great-britain-of-a-regu_2067722.png" --- # The advantage to Great Britain of a regular free trade in… ![“The advantage to Great Britain of a regular free trade in corn would, therefore, be more by raising the rest of the world to our standard and price, than by lowering the prices here to the standard of the Continent.” quote by Joseph Hume](https://sms4smile.com/quotes/i/e68/joseph-hume-25663_advantage_the-advantage-to-great-britain-of-a-regu_2067722.png) [Download](https://sms4smile.com/quotes/i/e68/joseph-hume-25663_advantage_the-advantage-to-great-britain-of-a-regu_2067722.png) [Open image](https://sms4smile.com/quotes/i/e68/joseph-hume-25663_advantage_the-advantage-to-great-britain-of-a-regu_2067722.png) > “The advantage to Great Britain of a regular free trade in corn would, therefore, be more by raising the rest of the world to our standard and price, than by lowering the prices here to the standard of the Continent.” [Joseph Hume](https://sms4smile.com/quotes/author/joseph-hume/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Free trade benefits Britain by raising global standards rather than lowering domestic prices. **In simple terms:** Britain gains by lifting world prices, not by cutting its own. Key Takeaway Promote policies that lift global standards. Themes economics trade policy globalization Mood analytical optimistic Type economic policy historical When to use this quote - national trade policy - international negotiations - economic development - agricultural markets Key Concepts comparative advantage market integration price standards Questions to Reflect On - How can Britain support its farmers while pursuing free trade? - What mechanisms ensure global price rises benefit all? A Different Perspective May overlook domestic producers' short‑term losses. ★ ★ ★ ★ ★ No ratings yet [Advantage](https://sms4smile.com/quotes/about/advantage/) [Britain](https://sms4smile.com/quotes/about/britain/) [China](https://sms4smile.com/quotes/about/china/) [Corn](https://sms4smile.com/quotes/about/corn/) [Free trade](https://sms4smile.com/quotes/about/free-trade/) [Great britain](https://sms4smile.com/quotes/about/great-britain/) [Lowering Prices](https://sms4smile.com/quotes/about/lowering-prices-2494094/) [Prices Standard](https://sms4smile.com/quotes/about/prices-standard-3977127/) [Standard Continent](https://sms4smile.com/quotes/about/standard-continent-3977126/) [Trade](https://sms4smile.com/quotes/about/trade/) [Trade Corn](https://sms4smile.com/quotes/about/trade-corn-3977124/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [With an open trade in corn and a fixed duty we should have every man in the country fully fed and happy, instead of…](https://sms4smile.com/quotes/joseph-hume/with-an-open-trade-in-corn-and-a-fixed-duty-we-should-have-every-man/) [Joseph Hume](https://sms4smile.com/quotes/author/joseph-hume/) > [Lowering prices is easy. 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