Trade Theory
Uploaded by
Ibrahim HassanTrade Theory
Uploaded by
Ibrahim Hassan
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ld ther pelt) i " Ala Srl
i Aerie Wedel Rwbin 1 a one
Eko Iain in Po le ‘Gach Law ye
we He i anal Pk poble
reeeounde- ane aa MES, st 1
‘aire QQ pool! pn oxee), ile,
uses wba me ia
ie: ldbhe’ SL alhermcife| |
LB op AML. sgrsecs! Ve Ye Bie, ee plan
Bo whre Bel eante:,, | oreo bas Mal
| wéseumees, I
hie
yoes. f
lV
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‘oon: th! | amnenines Shey hs wane
be '" (
au babe gl HH et |
oy alae! Iu. “frie. wit My be ah cn |
eounksies re on ul bebe ff by Psy “apt Af
® A Vabon’ irdheely if hed ae oe im the
var (fly the fee dae AF comme ts
Nd mi * ee joe ‘gplel
| ®' “he | a Lyk | Dg I MN ty are ola |
“yo, he" as Poh (ha! ena Q. geht st
Sock’ hang egal ’ Q hen qpanly. ledel
shal Maly ene gi fod bail
(he:
| We | omens
Mane 3 s ay Lit ges ha a
¥) es ecomomy) ‘ \o + shel aA Myf
Mora LAs ja.
L edorisens!! adledae'! " afr 4
ou be 2. Mu YL county,
(i wl, awe is 1) wil
ok PS ade [pho ea
— Boemenot i ome, | Rowoihan f\ ot i? Compan re. | Abvashage - ¢
“eae ey Wey ly | nding hat Gail ie
Puede hous nag Ne plbeen. Af
Mabe i) pho dokenal te seb an
“We cae ne Mel
: “homily Me the eb aole: theta Hoss b
Adon [Smlh, We : oh! Ke sal aba Nite bean
| votes Me, eb ld al ove have
PPA Noo es Meret bey me lnode. al by
MW foprton| 2 Prete Sapetl ae
“abuse! «thems pal. \ olin Me [ited de
plgycmmd fy Gah: counoicnjgmm “be LeneGBel
je ye on ys 124 a 0
soon ty lent oh a ® — Comeno' ti
WEES BS
es WI Y hee a Nata 4
| ewsice ‘it oppose
dds | Hee ol
i oe
Pee ohh) pe pail! Rey f. " poesented ik cates | lve
AL rae ers We he pen wide, ood
dah, i | England | od PAL
(
spall sap ti sa
AL 1 latey Allis ae oO ail fom, ven, gin
The peerltge v 6"
Jae A, natal sr lediha sie jmineath, oon ay ‘wel i
dd dive we P i sett Fae oll
Hi!) per My
)
Beg 02) WL, ,
' ber - i —h\
yeast Gosimbiiy Ty Wie! 2? ip ‘dah 1 IRoiee Rolin ;
- ramT TUaph. ol | Agus yuh
\ h Boln abe hp a yee
tis) fale | oe
i
dh bd
Lip { |r, 4¢:-2
Heo aa (k hlgohia olF a bige ue “a j
Bop Abe
[ Shait Penal pot ak od awey Be pA,
Q 4 ‘A2oh| bn) doo hve [ud
Endlolnd | fochn/st
y * 4 ‘wig Wah fh be UMGek ;
SHE Gy ap TRIE taht
ne hep Mh uhh wi eli. wly
“let: Teh is le, le. im oe r cs i
Me advan
i ne \ it
Bat rae Neo, Kon A Noy ‘Br rope
ee aap ‘ie oJ
Mone! Brat the 28: pe *
courbes, Bol, Rreome pe sel pt | | Mok ay is roeledivel ly rene i
Reed ton fe A wine Nee ds. cared Lam?
velalive oad nage ie bec | ‘en hing a de.
ae, Qaun! ; Blows dl Me, vddbive ann yh joung
Veny i. trdice wine (20 im, Rorelegal, 420 im eed
be News beat rae [purer [8 enn! meebel/ ts
poetics aol (90 a ee, 400 im England), Peoouse
Pind mde set best Lath covrlaice have
aon ance 1 bel
qe? pal, the bas ie AY te (a. price nae
hin Ahenevtie 7 smbermabiomnd fe)
naan mt: Als 4t Wyle e's ime woul | othangs Se
ce gel 0 dihe. Wile im focal, 4 toned Poin
lt edd | Se j only ale ” Sack.
4 i \y \,.! loamy) iS! ik @am af iA,
j "a dn ro ea
A PE all ee Me! Son
" . ei
Paes x - 4 be & yore oul, Greilonly, England would be by L,
lel "Le \ ue cheb, ry ;
@\o fe 40m {" er oki resiiieg
ale \oardls 4 oi (eo ery oe how iv ’
“The roi ne, ie “AL! 4. bootd! Se fF. He
ay iN iy
Veale ocd ree cnet % (cbed\ shade.
ly shag jf
Aswaibdine 490) Pld ely fe tll os
® Aegusmp om, ay ae Gel 6
The Shorey ie j) bos “itt aseump om
oot Thie Li te uf hy sine ay are oO re gr)
Ye Vow ‘Veraeas in Nabe would aspen. | The: eck.
whist bad reas be eptnen ken Be
hwe osvalaies ane pte: |
(© Aroimion ef Tapert bak
w& ve, @oel alvin ic h cles \ ortes he bods
a yo re, rte a Oa ll
Gag, Ma he gee wakios Lae or
Nhe ‘ore tm the err “4 ada ie
‘eonpe ie a, aRe
ee, ) fad, ae Od : |
A gral wale g Vie fo se thal, Lo if
« povames hcl’ Yhene ie ne ether | sk gil
he ode im Laie | wn ti ignones clegcher
Me chet: file) He ML ole CPi rom mubnscle
cote NP ephayie, ibmed lon chee | Bad
cole Vike vend Ae
a
These | abe ov yh ‘be ss lee
sak abe, ee heh fs Bh Hesfathn 4 Clin» Ney iP tile inbs Tedd tg
=. Ob Sa iy TT ek
Weve cndyze ‘ol ay Rt A cemury, by Ae
Swed + chet sl, Fh Nala (4288) ped 4 Pat Ollie Vin Gee
Whey pees bay reer NAT el
hen ye WH a pitted Bale Moye eme wh " will
peas te engl fein Moleailly rsd ‘cba’ A. On th
Ses: \ ha hey vres wihels Ne cenbagh. | ou Pesounges
wil police, jleb ef ime feiv € cin: Ask * oml expert Mek.
Gals, wha . Ae (coun sae a -eXtham e / Vheive aaa
> il
nh We “dl Mee | a sel it 3 mules
This ee oie’ | hoe, poh A ey i
08% ames smal 5, specially * ie
8. hh hed [fe Geum fle hoe on™ ous ae ae L
AAG ae wl Velde oe go at asim
3) Teche o ie seehe yen \Yh weed. Wa
\e. Qadke mS = OE he samme - ln La
is, ged
crussies veetuons |,
&) Tthadhe om | As dials iced cometomn
* Gale i A UTES bth counties FP
& “he's exmneditios ane 4Qbrenk facken wen
Nerd the weapedive, codamally Radon vhenslee on
_ Ake came Soe all TUE
AGO Hebe al plc jon ‘ sone fo bh
armies ue ae Idle «a peers
©) ted! lenupetlon vexide » vw ih ae
WW) Reakee c ie ible shin the bevy
2 cosh coimlns om 1 os, immbi beeen the
(vit ah io mo transporte joer, feoeh
rd. mead’ hs phe
—Nheve ore \y coon m8
‘cranial lim ge} sua om 4 Poanegt
\-0 lbetren; () Facke Noundance «amd |Heskethen- Onlin
AL ie imperlank be andendands thi the fhe “1
le f ase
Qin -evdewacsle? vere te kQoent ralebre |
menke 4 ack | a hi Nhe alsuonbs ‘i an =
fake Que ae, y shade bg ob \9.4\
Yen ere ways t=
=the fyi! 10. onl
— Me gre. denn”
The pied entero BL dada ta ben
8 gye sal / wie) # A Celene. Fer orale 32 ~
onli of Mow sad “epbl “in waht oP the? be
5 weld Me Be englel clandad
Lede aesume. Wa ee
Say Oe oe Pot We eal
ooo JO Mel Le bee aa aire, 1.
ag bay] WS) > WD fu
Counting [iret oP GlalfPnark Laon] Rais (KID)
Coosdbry-2 5° rm eee
[Gane 400 Zoo a + :
he poiee \Qon| Beles om he We vwdobive prices £
weed! ced dm be Meemine the ype P oi
Viele chorasteth 23 Ne ie ee Aceenh,
A. Mie IQ diem, county 1 oud’, be enpila| ahead
co Nong oe GID, < De.
Fiabe ailenwly vag) * VielkeelasHOtha
OW commodity is. oot \. ihe Saclen iekemst se When
he nolo 4g Gaaben foe AB o nee Gacton i
geal tag & gimilae 2, § ——
aw sesemd | Camere
Feo sedvtle, ded LS \L be re ale
compooal ts Ad OMe. WL alto Ven, ‘hecl
eu rile. Shem the i relio im ch
ne on.
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