The expense of Scots-men abroad, more than of foreigners in Scotland, 40000 lib. if this is supposed the yearly state of the trade and expense of Scotland, there will be a ballance due of 17000 lib. and unless the Scots retrench the consumption of foreign goods, so as to import less; or retrench the consumption of their own goods, so as to export more; or increase, or improve their product, so as the export be greater or more valuable; or retrench in their expence abroad. since that ballance must be paid it will go out in money or bullion: and occasions the exchange to rise 3 per cent, the prohibition on the export of money 3 more, if Scots-men export it, the Nation saves the 1020 l. exchange on the 170000 of ballance due, which is lost if English merchants export it; but the loss such a rise in exchange occasions on the goods, is more considerable. the 195000 lib. due abroad for goods sent out of Scotland by Scots merchants, will be payed with 183962 lib. English or Dutch money, that sum being equal by exchange at 6 per cent to 195000 lib. in Scotland. the 150000 lib. due for first cost of goods carried out by English or Dutch merchants, will be payed with 141510 lib. English or Dutch money, that sum being equal to 150000 lib. in Scotland. the 182000 lib. due by Scotland for goods imported by English and Dutch merchants, will come to 192920 lib. in Scotland. and the 140000 lib. first cost of goods brought home by Scots merchants, will come to 148400 lib. in Scotland. so the accompt will run thus. Due to Scotland for goods exported 183962 Brought from abroad first cost 140000 Ballance of expence abroad 40000 ------ Due to Scotland abroad 3962 ------ Due by Scotland for goods imported } by English and Dutch } 192920 English and Dutch take back in goods 150000 ------ Due to English and Dutch in Scotland 42920 ------ 3962 lib. due abroad to Scotland in } Scots money } 4199 Remains due by Scotland. 38721 So the rise in the exchange of 3 per cent by the ballance due of 17000 lib. and 3 more by the prohibition on the export of money, occasions a loss to Scotland of 21721 l. and makes the next year’s ballance 38721 lib. tho’ the trade be the same as before. of which 21721 lib. lost by exchange, one half would be saved if money were allowed to be exported.