A even balace of import ad export

The mechaism, therefore, was according to Hume automatically self-equilibrating, was intraational as well as international, was bilateral, involving adjustments both at home ad abroad, ad consisted of such chages in the volume of exports ad imports, resulting chiefly from chages in relative prices but also in minor degree from fluctuations in exchage rates, as would bring about or maintain a even balace of import ad export, so that no further specie need move to liquidate a balace.