...lay in some areas rather others and began to engage in more extensive specialization. As Smith state It is the maxim of every prudent master of a family,...home what it will cost him more to make than to buy ... If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better...

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...international level, 95 Ricardo (1817/1973); see also Adam Smith (1776/1976: Vol. I, Book IV, Ch. II 422) ('It is the maxim of every prudent master of a family,...home what it will cost him more to make than to buy . . . What is prudence in the conduct of every private family, can scarce be folly in that of a great...

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