By the principle of utility is meant that principle which approves or disapproves of every action whatsoever. according to the tendency it appears to have to augment or diminish the happiness of the party whose interest is in question: or, what is the same thing in other words to promote or to oppose that happiness.
Explanation:
By the principle of utility is meant that principle which approves or disapproves of every action whatsoever. according to the tendency it appears to have to augment or diminish the happiness of the party whose interest is in question: or, what is the same thing in other words to promote or to oppose that happiness. This is the principle of utility.
Ang mga hadlang sa kalakalan ay mga paghihigpit na sapilitan ng pamahalaan sa internasyonal na kalakal, na karaniwang binabawas ang pangkalahatang kahusayan sa ekonomiya.
