hume sobre adam smith

8/16/2019 Hume Sobre Adam Smith

1/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

!"#$% '()* +,-.*

! #$%&'( )%* +$,-'.$,-%* /%&('*0

%* /%") 0)$12

!"#$%&'( 3*%., 3"(4, 3$)*51"!"#$"%&'(" *+ ,-."/"0-& 1*.& 2'-3*%/-(&(* (* 45" 6."7

3 4!56740 89 :;*-&(?- %@ !)(. +.'-A=* #A$%&B %@ /%&(C +$,-'.$,-*D9

E,F )(%"*#+ (- ./01("2 (- 34/+(0(5426 G%C9 HH0 ,9 30 3I1J9

H 4KK8K40 L9 7* 8("#+ 9:*1/;:*10< =(*1:;5("#"2 >:05(*0:0 1( ?$#; 9;/149

M&'*-%C0 #A%$..$* N&$**0 3IIO9

2 +/E#;0 !9 !:("/# $(0 9:*1/;:*1(0 8("#/09 +P% N(


2/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

!"#$% '()* " +%") ,)$-.

!"#$% '()%%(* !%"+%#(%) ,"%$-#* 34 )$ (5&'6 )$ 3789:

;&$M6$0 N%&) NM--6$-%,0 O%&(B$ G(6A%6$0

+%(.$* P$,,M* $ QE&R$0 E. B(F(6=$'&% '&6(,)S* DE$ &$B$,-$.$,-$ $*B&$F$E E.

$,B(,-()%& .)0(0-/ #/2)% / '32$"4%: /'66(& A$)'E@.$ A$&.'**J% A(&( $,B(.',=(& E.

$T$.A6(& (% L&: G(&5E&-%, $. -$E ,%.$: !,-$* )$ $*B&$F$&@-$0 $*A$&$' (-U DE$

-'F$**$ (6>% A(&( -$ )'E',-$ Z [,-$&&%.A$@.$ E. '.A$&-',$,-$

F'*'-(,-$ &$BU.@B=$>()% )( \*BCB'(Y $6$ B%,-( DE$ ( ],'F$&*')()$ )$ ^6(*>%_

A&$-$,)$ )$B6(&(& % A%*-% )$ `%E$- F(>%0 -J% 6%>% $*-$ )$'T$ % A(I* $. B%.A(,='( )$N%&) O%A$: \*-%E B$&-% )$ DE$ HX -$,* ,%**% (.'>% a$&>E*%, $. F'*-(0 B(*% W&(B(**$

E.( ,%F( -$,-(-'F( )$ %5-$&@6=$ E. A%*-% ,( ],'F$&*')()$ )$ \)'.5E&>%: a$&>E*%,

A%6'E $ .$6=%&%E B%,*')$&(F$6.$,-$ *$E .)0(0-/ #/2)% / 5%6"704%7(/1 DE$0 B%.

(6>E.(* B%&&$?b$*0 -%&,(&@*$@X E. 6'F&% ().'&XF$60 &$F$6(,)% E. >S,'% $6$>(,-$ $

*',>E6(&: ! 89":/7;0-0* $*A$&%0 *$&X 5$.@*EB$)')(Y .(* U E. -&(5(6=% X&)E%:

+$ B%,*E6-(&$* (6>E.(* &$F'*-(* &$B$,-$*0 $,B%,-&(&X*0 ,( 5%")%"(/* )$ N%&) c(.$*Y (**'.

B%.% E. =%.$. A%)$ A$,*(& $. W((& %5-$& E.( B%.A%*'?J% (>&()XF$6 E,',)% .$-(WI*'B( $L'&$'-% $*B%BS*: d% $,-(,-%0 (B&$)'-% DE$ % 6'F&% -$. *$E* .U&'-%*0 DE$ *$ &$F$6(&J%

(%* A%EB%* DE$ *$ (F$,-E&(&$. ( A&%BE&X@6%*: /(*0 &$-%&,(,)% (% -$E 6'F&%0 >%*-(&'(

)$ )'0


3/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

(3&$*$,-% (456.(* )$ 76$ -%.$' 8%,9$8'.$,-%: ;&$'% 76$ ')J,8'( -&(>$*-')( )$ 8&K-'8( (% *'*-$.( 4$'D,'E'(,%0 &$34$-( )$ '(4')()$ $ )$

'.3'$)()$*: #$ %B$&$8$&$' .('* )$-(49$* *%D&$ $4$ L .(* % 76$ '**% -$. ( >$& 8%.

.$6 4'>&%M0 3$&56,-(&=*: #$. 3(8'J,8'(0 8(&% +&: +.'-9N (8(4.(H-$ $ .%*-&( 76$ @* 6.B'4O*%B% -(.D@. ,( 3&=-'8(0 (4@. )$ 3&%B'**'%,(4.$,-$N 4$.D&(H-$ )( >(86')()$0

)( 3&$8'3'-(CA% $ )( B6-'4')()$ )%* &%R 3%'* % 3WD4'8% 3(&$8$ )'*3%*-%

( (34(6)'H4% $,-6*'(*-'8(.$,-$N B%' '.3(8'$,-$.$,-$ 3&%86&()% 3$4(* 3$**%(* .('*

-%4(*0 $ ( -6&D( )%* $*+").+* )$)'8(H49$ %* .('* &(*5()%* 4%6>%&$*: #&J* D'*3%* B%&(.

%,-$. V 4%&%

(8'.( )$ -%)%* %* &$*-(,-$* ,% .6,)%: I%)$* $,-A% 8%,846'& 76(4 %3','A% %*

>$&)()$'&%* B'4O*%B%* B%&.(&A% ( *$6 &$*3$'-%0 )()( ( $*-'.( 76$ 49$ )$)'8(. %*

*$&>'C('* )( *63$&*-'CA%: ! &$*3$'-% )% 4'>&%0 % Q676$ )$ !&5X4$ @ .('* 8(-$5O&'8% 76$

)$ 8%*-6.$R *63%,9% 76$ % -$,9( ,( 8%,-( )$ 6. $*-&(,5$'&'*.%0 %6 76$ 4$>$ $.8%,-( ( >(,-(5$. 76$ % (6-%& 3%)$ 49$ -&(E$& ,(* $4$'CU$* )$ Y4(*5%Z: [%&) [X--4$-%,

(B'&.( 76$ \%D$&-*%,0 +.'-9 $ ]%Z$& *A% (* 54O&'(* )( 4'-$&(-6&( )$ 4K,56( ',54$*(N

P*Z(4) )'E 76$ ,A% *(D$ *$ %D-$>$ )( %D&( .('* ',*-&6CA% %6 $,-&$-$,'.$,-%N .(*

2 I@&*'%0 >?+*). ^0 4',9(* 2H_: T( -&()6CA% $*3(,9%4(R `T% 3%&76$ 4( -6&D'( \%.(

(* ( $*-(& )$ (86$&)% X $,)$&$E(&=*

$4 B'$4 )$*8$,-&()% )$ 4( D(4(,E(0 % -$ D6*8(&=* B6$&( )$ -'a: b#&(): )$ /: ](4(*89:

/()&')0 Y&$)%*0 cddce:


4/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

*(3$* 45$ *$5 6578% )$9$ *$& :%,*')$&()% :%. :(5-$;(0 )()% *$5 ;%,?3;':%*0 $ *5( -$,)@,:'( ( ,A% 9$& )$B$'-%* ,%* (.'$,(* >$;% ;5:&% 45$

;D$ -&(8$.I ,$**( >$&*>$:-'9(0 -&(-(J*$ .$*.% )$ 5. ;'9&% .5'-% 3%.C

KD(&;$* #%L,*$,)0 45$ (B$-( *$& % *56$'-% .('* $*>$&-% )$ -%)( M,$;( %3&( 45$ :D$%,)%J*$ ( &$:%.>$,*(& )$9')(.$,-$

$**( %:5>(EA%C #A% ;%(&( *(3$&

.('* ( &$*>$'-%0 $ :%,9$,:@J;% )( :%,9$,'@,:'( )$ $,9'(& % 6%9$. ,%3&$ ( Q;(*%'* ,A% >$,*% 45$ $**( %B$&-( -$ %3&'&%B$**%&('*I

.(* ,A% :%,*$$;( ',*-(3';')()$ )$ *5(*

)$:;(&(ER$*0 $ (**'. ,A% )$9$* $*>$&(& .5'-% )$;$C

SA% )59')% 45$0 :%.% 3%. :&'*-A% 45$ G*0 %B$&$:$&F* % 3$. $. -&%:( )% .(;I

$0 >(&( :%.>$,*(& ,%9')()$* -A% .%&-'B':(,-$* :%.% $**(* T 45$ $5 >%)$&'( (',)(

.5;-'>;':(& '.$,*(.$,-$0 $ 45$ ,()( *$,A% ( 9$&)()$ >%)$&'( $U-&('& )$ .'. T

;'*%,6$(&F* .',D( 9(')()$ -&(8$,)% (% .$5 :%,D$:'.$,-% 45$ -%)%* %* :;G&'%& .$5 &$;(-% ( &$*>$'-% )$ W%D, X,%UU $ ( Y$B%&.(C +5>%,)%J

-$ B$;'8 >%& .',D( :(&-( :D$


5/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

!"#$% '()* " +%") ,)$-.

3%,)&$*0 41 )$ 5678% )$ 92:;<

=&$>()% +$,8%&0

8? )%'* %6 -&@* )'(*0 A6(,)% $*-(B( C%&(0 C6' D&%E6&()% D%& B%**% (.'F%0 % +&< G'7*%,0

A6$ .$ $,-&$F%6 B%**( .'**'B(< H%' (D$,(* 8%5$ A6$ % $,E%,-&$'I D(&$E$6J.$ 6.

8%.$. .6'-% .%)$*-%0 *$,*KB$7 $ $,F$,8%*%< !,-$* )$ B@J7% C(7$' E%. !,)&$L /'77(&

( *$6 &$*D$'-%0 $ $7$ D(&$E$6 )'*D%*-% ( *$&B'J7%< M,*'*-' D(&-'E67(&.$,-$ E%. /'77(&

A6$ *$&'( D&ND&'% ( 6. $)'-%& -O% $.',$,-$ D6P7'E(& 6.( E%7$QO% )%* R7?**'E%*0 % A6$

'F6(7(&'( *$6 ,%.$ (%* )$ !7)%*0 +-$B$,* $ S7>'B'&$*0 $ A6$ % +&< G'7*%, *$&'( ( D$**%(

.('* ()$A6()( D(&( (**'*-'J7% $. -(7 D&%5$-%< /'77(& E%,C$**%6J.$ A6$ 5? 8(B'(

D$,*()% ,'**%0 .(* A6$ ( .('%& )'C'E67)()$ &$*')'( $. $,E%,-&(& 6. 8%.$. )$ 7$-&(*

A6$ &$B'*(**$ (* END'(*< /$,E'%,$' '**% ( G'7*%,0 A6$ )'**$ -$& 6. 8%.$. E%.% $**$

$. B'*-(0 6. E$&-% 3T%,0 E7U&'F% )$ V7(*F%L A6$ *$ &$E6*%6 ( D&$*-(& % 56&(.$,-% (

V6'78$&.$ MMMW D&%B(B$7.$,-$ % E%,8$E$'*0 $ ,$**$ E(*% F%*-(&'( )$ *(P$& % A6$

D$,*('* ( *$6 &$*D$'-%<

X +&< G'7*%, E%,-%6J.$ *%P&$ *6(* .?A6',(*0 A6$ D(&$E$. *$& .6'-% $,F$,8%*(* $.$&$E$& -%)% $,E%&(5(.$,-%W $*D$&% B@J7(* $. P&$B$<

R%,8$Q% Y6&Z$ .6'-% P$.0 $ ( 7$'-6&( )$ B%**% 7'B&% E%.%B$6J%< H%&,$E'J78$ B%**%

$,)$&$Q% D(&( A6$ D6)$**$ B%* $*E&$B$& (F&()$E$,)% D$7% D&$*$,-$0 D%'* (**',(7$'

A6$ % 7'B&% 78$ C%&( $,B'()% $. B%**% ,%.$< S*-&(,8(J.$ A6$ (',)( ,O% % -$,8( C$'-%0

B'*-% $,E%,-&(&J*$ ,( M&7(,)(< [O% E%,8$Q% \$,,T,*0 .(* $7$ C(7%6 .6'-% P$. (

&$*D$'-% )% 7'B&% )$ X*L(7)0 )$ A6$. U E%7$F( ,( \6,-( )$ R%.U&E'%< ]? (7F6,* )'(*

(-&?* /'77(& .%*-&%6J.$ 6.( E(&-( )$ 3%&)$ H'->.(6&'E$ %,)$ $7$ (C'&.( A6$ 7$B%6

(7F6.(* END'(* )$ B%**% 7'B&% D(&( )'*-&'P6'& $. ]('(W +&< ^%&Z$ F%*-%6 .6'-% )% 7'B&%0

$ % .$*.% %E%&&$6 E%. .6'-%* %6-&%* A6$ % 7$&(.<

S*-%6 E'$,-$ )$ A6$ D&$D(&('* 6.( ,%B( $)'QO%0 E%. (7F6.(* ()'Q_$* $ (7-$&(Q_$*A6$ E%,-%&,(. %P5$Q_$*< #%.% ( 7'P$&)()$ )$ D&%D%& 6.( A6$ D%)$&$'* E%,*')$&(&0

E(*% D(&$Q(JB%* &$7$B(,-$< V%*-(&'( A6$ -'BU**$'* D&%B()% .('* )$-(78()(.$,-$ A6$

-%)%* %* -'D%* )$ *'.D(-'( *O% ,$E$**(&'(.$,-$ (F&()?B$'*W $**$ U % D'B` )$ B%**%

*'*-$.(0 $ ,% $,-(,-% .$,E'%,('* ( A6$*-O% (D$,(* )$ D(**(F$.0 ,( D?F',( 4a<

=(&$E$J.$ 8(B$& 6.( *'.D(-'( )$*(F&()?B$70 (**'. E%.% 6.( (F&()?B$7W $0 ,(

B$&)()$0 B'*-% A6$ ( D('bO% *'.D?-'E( U 6.( '.(F$. &$C7$b( )( D&',E'D(70 $7( )$B$

E%.D(&-'78(& )$ *6(* A6(7')()$*0 *$,)% (-U )%7%&%*( A6(,)% C%& % E(*%< [( B$&)()$0

!"#$%& $&( )*+#,-&$#.&( ,&. ". /&.*. ,&. !"*. 0&%*.&( (-.0#1-2#)

-$1*-)#.*$1*3 %6 *$5(0 %,)$ 8? 6.( (.'>()$ E(7%&%*( $ K,-'.(0 ( E%&)'(7 C&(,A6$>(


6/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 11

)$**$ 2%.3&2'% *45647( ( )%& )$ 4.( *'.8(-'( )$*(7&()9:$;0 -%&,(,)% % .%:'.$,-%',-$'&(.$,-$ (7&()9:$;< .(* '**% ,=% %2%&&$ $. 2(*%* %&)',9&'%*> ?. *46$'-% .(;@A4.%&()%0 4. A%.$. 2(,*()% $ )$*7%*-%*% )$ -4)%0 *$.8&$ !""#$%B0 $,6%()%0&$2;(.=% $ $*-%&:()%< 4. A%.$. (**'.0 C4$ *48%*-(.$,-$ 8%)$&'( *$& -')% 2%.%*'.89-'2%0 -&(D 4. )$*E,'.% $:')$,-$ F 2%.8(,A'(0 C4$0 ,% $,-(,-%0 3 4.( *'.8(-'()$*(7&()9:$;>

G%,*')$&(@*$ 4. 8&%5;$.( )'HI2'; $J8;'2(& % 8&(D$& %5-')% )(* ;97&'.(*0 )% 8$*(&$ )( *'.8(-'( ,( -&(73)'(< % C4$ ,=% %2%&&$&'( *$ -%)( *'.8(-'( H%**$ (7&()9:$;K ,$**$

2(*%0 4. A%*8'-(; *$&'( 4. ;47(& .('* (7&()9:$; C4$ 4. 5(';$> L$2$'% C4$ ,(* 897',(*MM $ NNN $**( C4$*-=% :%* -$,A( $*2(8()%0 %4 $*-$6( .$*2;()( (%* &(2'%2I,'%* C4$ (;'(8&$*$,-('*> O'D$'* $J8&$**(.$,-$ ! % ()*)+),) ,#,-!"-.+ ) /!,.+0 ! ! % 1)2+!*#-3"1$. ! ) .,,#2$2),> P 8&$2'*% C4$ .%)'H'C4$'* %4 $J8;'C4$'* $**$*$,-'.$,-%0 &$2%,2';'(,)%@% 2%. :%**% *'*-$.(>

Q&$D()% +&> +.'-AK )$:$'* $*-(& .4'-% %248()% 2%. :%**% ;':&%0 8%'* ,=%.$,2'%,('* % .$4> R'C4$' *(5$,)% C4$ %* 45$6, $*-=% ,%:(.$,-$ H4&'%*%* 2%.'7%0(8$*(& )$ ,=% *(5$&$. 2%.% ;')(& 2%. '**%0 8%'* *=% H%&S()%* ( &$2%,A$2$& %* H(-%*C4$ (8&$*$,-%> P 8&%:9:$; C4$ -$,A('* :'*-% %* ',*4;-%* ( .'. )'&'7')%* 8%& T4&)<*$,)% )( $*2%;( )$ U(&54&-%,0 3 .4'-% ',*%;$,-$ $ 2A4;%0 $ ,=% ;A$ &$*8%,)$&$' 4.(

*V 8(;(:&(> +$ .$4* $*2&'-%* (,-$&'%&$* ,=% .%*-&(. *4H'2'$,-$.$,-$ C4$ ,=% *%4 4. 6(2%5'-(0 )$D :%;4.$* $. HV;'% 6(.('* % H(&=%>

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

]%4 8$;% .$,%* '.(7',% *\@;%^ $*2&$:$& ( A'*-V&'( )( L$:%;4S=% (%* ,%**%* )'(*>!',)( ,=% *$' *$ )$:% 8$&.(,$2$& (C4' 8(&( &$(;'D(& % -&(5(;A%0 %4 $,-=% &$-%&,(& F_*2V2'(0 :%;-(,)% 8(&( 29 (8$,(* 8(&( 2%,*4;-(& %* .(,4*2&'-%*> #$,A% :9&'%*2%.8&%.'**%* ,%* )%'* ;47(&$*> ! _*2V2'( 8(&$2$@.$ .('* ()$C4()(0 *$,)% (&$*')\,2'( )$ .$4* .$;A%&$* (.'7%*< .(* 3 4. ;47(& .4'-% ;'.'-()% 8(&( .'.0 $ )V'@.$ *(5$& C4$ F* :$D$* .(7`% .$4* (.'7%*> Q$S%@:%* C4$ .$ $*2&$:('* $. 5&$:$( $**$ &$*8$'-%> W* H(,9-'2%* 69 $.84,A(. *4(* (&.(* 2%,-&( % a;-'.% :%;4.$b W ;':&%

B _. H&(,2\*0 ,% %&'7',(;K (5%&&$2')%0 $,-$)'()%>


7/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

)$ 3%4$&-*%, -$. .5'-% .6&'-%0 .(* 6 7'*87$9 :5$ $9$ *$ (;&%7$'-%5 )( (,'.%*')()$

?% *$@( ( .$*.(A +%50

;&$B()% +.'-C0

*',


8/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

! #$%&'( )%* +$,-'.$,-%* /%&('*

0%& !)(. +.'-12 0&%3$**%& )$ 3'4%*%3'( .%&(4 )( 5,'6$&*')()$ )$ 74(*8%93

3 4$*$,5( )$ 67.$ (% 8'9&% )$ !)(. +.'-5:

;* (7-%&$* %* ?7$ $*>8(&$>$. % .7,)% >%. *$7* &(>'%>@,'%* $ )$*>%A$&-(*

.$&$>$. B&(,)$ 8%79%&0 (',)( .('* ?7(,)% )$*%'*( ?7$ 7. (7-%& )$ BG,'% ,(-7&(8.$,-$ )$9$

$*D$&(& >%.% &$>%.D$,*( )$ *$7* $*%. 9(B(& ?7$ %* &(>'%>@,'%* D&%(.',5%

$,-&$ % DHA8'>%0 *$,)% %*

5(A'8'-()%* D(&( I78B(& *%A&$ *$7 .K&'-% .7'-(* 9$C$* -G. *$7* *$,-'.$,-%* 7&)')%*

D%& D&$>%,>$'-%* ',%>$,-$*0 D%&?7$ ',$9'-M9$'*J $0 -$,)% )$ (,-$.F% (A&(E()% (8B7.

*'*-$.( D(&-'>78(& ( &$*D$'-% )$**$* %AI$-%* )$ ',9$*-'B(EF%0 &$>$A$. >%. &$87-N,>'(0

*$,F% >%. (9$&*F%0 ?7(8?7$& -$,-(-'9( )$ .7)(& (* %D','O$* ?7$ *$ 5(A'-7(&(. ( 9$&>%.% >$&-(* $ ',)'*D7-M9$'*: P. 5'*-%&'()%&0 7. D%$-( %7 ?7(8?7$& (7-%& ?7$ *$

D&%DO$ ( ,%* $,-&$-$& K &$>$A')% %,*')$&(.%* >%.% 7. 5%.$.

?7$ *$ $.D$,5( D(&( $,&'?7$>$& ,%**% *%&-'.$,-% )$ D&(C$& $ )'9$&*F%J .(* 7.

$*>&'-%& ?7$ *$ $*$ *%A 7. (*D$>-% -F% $ '.D8'>(& 7.( &$D&%9(EF% -M>'-( )$ ,%**( 'B,%&N,>'(0 %7

)$ ,%**%* $&&%*Q 7.( ',*',7(EF% ?7$ ,$,57. 5%.$.0 .7'-% .$,%* 7. 78)()$* &$-(&)(. % *7>$**% )%* $*>&'-%* %* $. B$&(80 D%)$.%*

%A*$&9(& ?7$ (* D$*?7'*(* .%&('* $,78'(&$*0 9'*-% *$&$.

)'&'B')(* ( 7. (7)'-=&'% .7'-% .('* $*-&$'-%0 )$D(&(,)%R*$ (**'. >%. D&$>%,>$'-%*.('* ,7.$&%*%* )% ?7$ %* ?7$ (-$,)$. ?7(8?7$& %7-&( $*DK>'$ )$ >'G,>'( %7

',9$*-'B(EF%: !D$*(& )$ (D(&$,-$.$,-$ %.7,*0 %* %AI$-%* )$ -$%&'(*

*F%0 ,( &$(8')()$0 %A*>7&%* $ ',-&',>()%*: S7(*$ *$. $T>$EF%0 -%)% 5%.$. )$ 8$-&(*

'$,-$* )$ ?7$ -('* (**7,-%* -G. *')% )'*>7-')%* )$*)$ % >%.$E% )(

8'-$&(-7&(0 -$,)$. ( D$,*(& ?7$0 *$ % $,-$,)'.$,-% 57.(,% D7)$**$ (8>(,E(&


9/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

34(534$& 6$&-$7( ( *$4 &$*8$'-%0 9: ;: .4'-% )$

? (4-%& )$*-( !"#$%& (#) *"+,%-"+,#) .#$&%)/ )( 34(5 8&%8%.%* %@$&$6$& 4.(

)$*6&'AB% (% 8CD5'6%0 'E,%&%4 %4 ,$E5'E$,6'%4 $**$* )$*$,6%&(9(.$,-%* 6%. % (&&%9%

34$ ,(-4&(5.$,-$ (6%.8(,;( % EF,'%G $0 (8H* -%)%* %* *'*-$.(* )$ @'5%*%@'( .%&(5

)$*$,

T%**% (4-%& 8(&$6$ ',-$'&(.$,-$ 6'$,-$ )$ 34$ % C,'6% .Q-%)% 8%& .$'% )% 34(5 (@'5%*%@'( .%&(5 8%)$ *$& (8$&@$'A%()(0 ()34'&',)% ( *%5')$7 $ 6%,"-#) +#))& ;$C;$%&

;"$+& #6 @$&=#F "/ ?6&+(# #


10/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

!"#"$%! " '%(%#)%! *"+* ,-./-* ,-!- - 01"! 2%3".4 " ,-!- *"#5"! 6+" 5".$%!

7" 2%3". *" "*5$0"**"! #% !"*!% *$5+%)8-9 :"**-%* 7" 2$'.%* 7"($,%7%* "

,-#*5$5+$)8- 2;*$,% 2./-*5%* /"(-* !"#7$=-* #%* .+%*4 ,-! 2%,$($7%7" *"#5"! 7"*,-#2-.5- -+ ,-,"$.%

#% /%.5" ,-.."*/-#7"#5" 7" *"+* /.B/.$-* ,-./-*9 C @-..-. 6+" ,-#,"'"! 0"#7- -

$#2-.5A#$- 7"**"* 7"*=.%)%7-* %2"5% !%$* %6+"(% /%.5" "*/",;2$,% 7- 6+"

6+%(6+". -+5.%4 /-.6+" %6+"(" @-..-. *" -.$=$#% 7" ,-#,"'". - 6+" "(%* /.B/.$%*

*-2.".$%! *" ."%(!"#5" 2-**"! -* 7"*=.%)%7-* % 6+"! ,-#5"!/(%!4 " *" %6+"(%

/%.5" "*/",;2$,% 7" *"+ ,-./- 2-**" 7" 2%5- %2"5%7% 7% !"*!% 2-.!% !$*".(&( *$9 7&%7?*'-%0 @(*-( A9$ *$ 8%,8$)( A9$

( *'.7(-'(0 *$B( A9(6 C%& *9( %&'D$.0 E 9. 7&',8F7'% )( ,(-9&$G( H9.(,(< (6D% A9$0

*$. ( .('%& %@*-',(I=%0 ,=% 7%)$ *$& )'*79-()%4 5**$ 7&',8F7'%0 .%:'.$,-% %9 C%&I(E ( 7&',8'7(6 C9,)(I=% )$ *$9 *'*-$.(4 >%& .$'% )$6(0 $6$ $*7$&( $J76'8(& -%)(* (*

$*7E8'$* )$ (7&%:(I=% %9 &$7&%:(I=% $J8'-()(* 7$6( (I=% %9 7$6% 8%.7%&-(.$,-%

H9.(,%4 56( E .$*.% % 7&',8F7'% A9$ 7$&8%&&$ -%)( *9( -$%&'( .%&(6< $0 *$ *9(*

)$)9IK$* C%&$. -=% *'.76$* $ 8%,:',8$,-$* 8%.% *$9 C(-% 7&'.$'&% %9 /-*5+(%5+! E

$:')$,-$ $ ',A9$*-'%,;:$60 7%)$.%* ,%* (&&'*8(& ( )(&L6H$ 7&$C$&M,8'( *%@&$ -%)%* %*

(9-%&$* A9$ $.7&$$,)$&(. A9(6A9$& -$,-(-':( ( $**$ &$*7$'-%4

N; 9. 7&(G$& A9$ (8%.7(,H( -%)( *'.7(-'(O %**$! ,-!- % /"**-% % 6+"! !%$*

$#5"."**% ,".5- %,-#5",$!"#5- 2$,% *%5$*2"$5% ,-! #-**% *$!/%5$%4 " !%=-%7%

6+%#7- "*5% 2%(5%4 5%!'H! #B* /%.","!-* *%5$*2"$5-* 6+%#7- *-!-* ,%/%3"* 7"

*$!/%5$3%. ,-! "(%4 " 2$,%!-* !%=-%7-* 6+%#7- $#,%/%3"* 7$**-9 I8- %/"#%*#-* /.",$/$5%!-* /%.% /%.%'"#$3%. -* '"!?*+,"7$7-*4 !%* 5%!'H! /%.%

,-#2-.5%. -* %2($5-*G " - /.%3". 6+" "#,-#5.%!-* #% ,-#0".*% ,-! %(=+H! ,-!

,+J%* /%$>K"* 7- ,-.%)8- /-7"!-* *$!/%5$3%. $#5"$.%!"#5" /%."," !%$* 7- 6+"

,-!/"#*%. % 7-. 7% $#2"($,$7%7" ,-! 6+" #-* %2"5% % 0$*5% 7% *+% *$5+%)8-9 L-

,-#5.


11/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

!"#$%&%&' )*+ #," !"#$+-*./"$ 0&'%.12&' 3+ $+* 3+$!"#4"'%"5 6+ "*7./"$ */&

0+$$"& 1&/+#%&' +/ &1%&$ 7"8+$ $+*$ .#4"'%9#."$: )*+: +#%'+%%": #," 0'"3*8+/

+/ #;$ */ +4+.%" %," 7."1+#%"< &" 0+#$&'/"$ )*+ +$$& $.%*&=," 0"3+'.& $+' &

#"$$&: $*& 3"' #"$ > "4+#$.7&< +: !"/" #," !"#$+-*./"$ +?0+'./+#%@A1&:

!2&/&/"A1& 3+ 0*$.1./.3&3+ + 4'&)*+8&5 B"' "*%'" 1&3": ./0&!.+#%&A#"$ 7+'

"*%'& 0+$$"& 4+1.8 "*: 0"' &$$./ 3.8+': +*4;'.!& 3+/&.$: 0"' )*&1)*+' C"!&3.#2"

3+ C"& $"'%+5 D.!&/"$ &%> /+$/" 3+$"C'.-&3"$ +/ '+1&=," E $*& 4+1.!.3&3+< +:

!"/" #," !"#$+-*./"$ 0&'%.12&' 3+1&: !2&/&/"A1& 3+ 7+1+.3&3+ + 3+$&%.#"5

B+'3+/"$ " 2*/"' $+ #"$$"$ !"/0+.'"$ '.+/ 3+ */& 0.&3& /&.$ &1%": "* 0"'

/&.$ %+/0": 3" )*+ F*1-&/"$ )*+ +1& /+'+=&< "* $+F&: &1>/ 3" )*+ 0+'!+C+/"$

$+' !&0&8+$ 3+ '.' 3+1&13

#$,)% 4%,*-(-()% 56$ *$,-'.%* 7&(8$& 56(,)% 6.( 7('9:% %6 $.%;:% 56( $+#$&%&5 G*+/ &3/.'& "

/+$/" 0"+/& "* /+$/" )*&3'": + "$ &3/.'& +?&%&/+#%+ !"/" +* 4&=":!+'%&/+#%+ %+/ 3+ &3/.%.' )*+ /.#2& &3/.'&=," > F*$%&5 G*+/ '. 3& /+$/&

0.&3&: + '. !"/.-": #," 0"3+'@ #+-&' )*+ /+* '.$" > &3+)*&3"5 K" !"#%'@'.": &

0+$$"& )*+: #+$$&$ 3.4+'+#%+$ "!&$.H+$: #," $+#%+ & /+$/& +/"=," )*+

+?0+'./+#%": "* #," $+#%+ #&3& 0'"0"'!."#&1 !"/ " )*+ +?0+'./+#%": #," 0"3+

+7.%&' 3+$&0'"7&' /+*$ $+#%./+#%"$: 0"' $*& 3.$$"#I#!.& !"/ "$ $+*$5 6+ /+*

'!"' +?!+3+ E)*.1" )*+ 0"3+ !"''+$0"#3+' & .#3.-#&=," 3+ /+* &/.-"< $+

1 +/H#I0 L+"'.& 3"$ 6+#%./+#%"$ M"'&.$: H3'3J3K3


12/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

!"#$% '() *+,*'* -./"0( '* ./* 1 ,%2%3 !"#$% !%"4 5*)#% ,(!2%"+6(7 4* !"#$%

%'!")%86( 1 '*!%4"%'( 9"9% (/ :)"% 2%)% ,())*42(#'*) - '*0*7 4* )"( %05( *

%#"!%'%!*#5* ./%#'( *0* %2*#%4 4())"; (/; %( ,(#5)*5( * 2%44* % (=4*)9%) ,(!( !* %:*5%; "#,())*)*" *! ?)%/ !%"() (/ !*#() *!

4/% '*4%2)(9%86(; '* %,()'( ,(! /!% !%"() (/ !*#() '*42)(2()86( *#5)* 4*/4

4*#5"!*#5(4 * (4 !*/47 *; *! 5('%4 *44%4 (,%4"@*4; 4*/4 2)A2)"(4 4*#5"!*#5(4

46( ( ,)"51)"( * !*'"'% 2*0(4 ./%"4 >/0?% (4 !*/4345

B/%#'( >/0?%!(4 '*45% !%#*")% ./%0./*) %:*5(; 2%)% 4%=*) 4* 1 2)(2(),"(#%0

(/ '*42)(2(),"(#%0 - ,%/4% ./* ( 2)(9(,%; 1 2(/,( 2)(9


13/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

,( 3$**%( 45$ -$. ( *$,*(67% 3&%3'8'(9,%* 5. $:$;()% 5.( 3&%3$,*7% K '&(0 (% &$**$,-'.$,-% $ K

',;$B( @ 5.( )$*8&'67% 8%.3&$$,*';( )% ;F8'%D #%)%* *7% *$,*F;$'* )$ 45$ $**(

%A*$&;(67% =5,)(9*$ ,% =(-% $ ,( $G3$&'J,8'(> $ 5.( 8%,8%&&J,8'( -7% $;')$,-$ $,-&$

( %A*$&;(67% 8%-')'(,( $ ( -$%&'( )$ ,%**% (5-%& )$;$ *$& 8%,*')$&()( 8%.% 5.(

3%)$&%*( 3&%;( )$ *5( *%:')$?D

M**$ &(8'%8F,'%0 45$ 3(&$8$ -7% 8%,8:5*';%0 @ =%&-(:$8')% 3%& ,%**% (5-%& (-&(;@* )$

5.


14/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

!"##$%# !%'% %# ()%*# +$,%# %# -"*#. /)0%1%# " ,*2*1%#. '"3$1/"3"0 3$0$

!"'4"*+%0"1+" *1$3"1+" $ #") 0%*# 3$0!-"+$ 5$6$7 0%# !%'"3" /%2"' )0 3"'+$

5'%) ," #*0!%+*% %+8 0"#0$ !%'% 3$0 "##% !%*9:$; #" ()" % 3$0!%1/*% 1$#

*1#!*'" 0%*# %-"5'*%. 3$'+"#*% " %+"1?:$7 " )0% +$+%- *1#"1#*@*-*,%," !%'% 3$0 $

@"-$ #"9$ +$'1% )0 /$0"0 ,"#!'"6=2"- %+8 0"#0$ !%'% $)+'$# /$0"1# 345

A%0%1/% 8 1$##% %2"'#:$ !$' +$,$# $# %!"+*+"# $'*5*1%,$# ,$ 3$'!$. ()" +$,%#

%# #)%# 0%*# 4$'+"# "9!'"##B"# #:$ '"!)-#*2%# " ,"#%5'%,C2"*#; D"5)1,$ %-5)1#

4*-E#$4$# %1+*5$#. "##%# #:$ %# !%*9B"# ()" +"0$# "0 3$0)0 3$0 $# %1*0%*#. ".

1:$ +"1,$ -*5%?:$ 3$0 %# ()%-*,%,"# !'E!'*%# ,% 1%+)'"6% /)0%1%. "#+:$

%@%*9$ ,% ,*51*,%," /)0%1%; F%# /C 0)*+%# $)+'%# !%*9B"# ()" ,*2*,*0$# 3$0

$# %1*0%*#. 3$0$ '"##"1+*0"1+$. %4"+$ 1%+)'%- " %+8 0"#0$ 5'%+*,:$. " ()" 1"0

!$' *##$ !%'"3"0 #"' +:$ @"#+*%*#; G 2"',%,"*'% 3%)#% ,% '"!)-#% 3%'%3+"'=#+*3%

()" 3$13"@"0$# "0 '"-%?:$ %$# %!"+*+"# ,$ 3$'!$ ()%1,$ $# 2"0$# "0 $)+'$#

/$0"1# ,"2">#" % 1:$ !$,"'0$# !%'+*-/C>-%#; H%'% % !"##$% ()" %# "9!"'*0"1+%.

$ $@I"+$ ()" %# #)#3*+$) ,"*9% ," #"' %5'%,C2"- +:$ -$5$ #"I%0 #%+*#4"*+%#7 1:$

'%'$. #)% !'"#"1?% 0"#0% +$'1%>#" %@I"+%J $-/% "0 +$'1$ " 1:$ 2K '%6:$ !%'% $

"13%1+%0"1+$ ()" $ %''"@%+$) )0 0$0"1+$ %+'C#. " %5$'% !%'+*-/% ," #)%

!'E!'*% !%*9:$ +:$ !$)3$ ()%1+$ ()%-()"' $)+'% !"##$%; L"!$*# ,$ I%1+%'.$',"1%0$# ()" '"+*'"0 %# +'%2"##%#7 ,"2"'=%0$#. !$*#. +'%+%' ,% 0"#0% 4$'0%

$# $@I"+$# ," 1$##$# 0%*# %',"1+"# " %!%*9$1%,$# ,"#"I$#. $) #"I%. $# $@I"+$# ,"

!%*9B"# ()" #" $'*5*1%0 1$ 3$'!$ 365

F"#0$ %# !%*9B"# ,"'*2%,%# ,% *0%5*1%?:$. %# ()" #" $'*5*1%0 ," )0 !"1,$'

$) /C@*+$ !"3)-*%' !$' "-% %,()*'*,$. #)#3*+%0 !$)3% #*0!%+*%. %*1,% ()" #"

'"3$1/"?% #"'"0 !"'4"*+%0"1+" 1%+)'%*#7 !$*#. #"0 +"' %,()*'*,$ "##" !"1,$'

!%'+*3)-%'. % *0%5*1%?:$ ,$# /$0"1# 1:$ 3$1#"5)" 3$0!%'+*-/C>-%#7 ". 0"#0$

()" #" %,0*+% ()" +%*# !%*9B"# #"I%0 ()%#" *1"2*+C2"*# "0 3"'+$ 0$0"1+$ ,%

2*,%. "-%# #:$ #"0!'". "0 3"'+% 0",*,%. '*,=3)-%#; M##" 8 $ 3%#$ ,% 4$'+" -*5%?:$

()" 1%+)'%-0"1+" #" ,"#"12$-2" "1+'" ,)%# !"##$%# ," #"9$# ,*4"'"1+"# ()" /C0)*+$ 4*9%'%0 #")# !"1#%0"1+$# )0% #$@'" % $)+'%; N$0$ % 1$##% *0%5*1%?:$

1:$ 3$''") !"-$ 0"#0% +'*-/% ()" % ,$ %!%*9$1%,$. 1:$ !$,"0$# 3$0!%'+*-/%'

,% %1#*",%," ," #)%# "0$?B"#; D" 1$##$ %0*5$ 4$* $4"1,*,$. #*0!%+*6%0$#

!'$1+%0"1+" 3$0 #") '"##"1+*0"1+$. " 4*3%0$# *'%,$# 3$0 % 0"#0% !"##$% 3$0

34 +/7#80 A"$'*% ,$# D"1+*0"1+$# F$'%*#. 75''53595

36 O,;. *@*,;. 75''535:5


15/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

!"#$ #&'( )*+,-. *#/#0#" "$ 0#1#23/)-4 /-$5+*')67+$-& 5*-1'+$#1'# + &"+8*+'),9-4 # '#$-& #$ +6'+ /-1'+ - $:*)'- ,# " 0#12#)'-*. $+& #6# #&'(+5+);-1+,-4 #$0-*+ 5-&&+$-& )*4 5-*!"# : - H1)/- #&')6- ,# !"# #&'+$-& ,)&5-&'-& + 2+6+*? D1'#,)+A1-& -8*+>#4 5#,+1'# # 5*-6);- +$-* ,# I-J6#K # L#'*+*/+4 !"# *+*+$ ,-&#;+8#*-& ,+ )1'#1&),+,# ,# &"+& *#6+FC#&. $+& + +6#8*)+ ,# M>3,)- # + 8+6+1'#*)+,# N-*(/)- &9- $5*# +8*+,(>#)& 345

67'*-$ (89% *'.'8(& $,-&$ (* :('7;$* $9%&'.$,-%? @%. $8(* % $*:$@-()%& :%)$ *'.:(-'A(& $0 (**'.0 :%)$B*$B8C$* @%,@$)$&

D. @$&-% 9&(D )$ :&%:&'$)()$E .(* ,F% *$ *'.:(-'A( @%. $8(* ,( .$*.( ',-$,*')()$@%. GD$ *F% *$,-')(* :$8( :$**%( GD$ H :%& $8(* .%-'I()(5

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

34 +/J#K0 B#-*)+ ,-& P#1')$#1'-& O-*+)&4 J5''5L535


16/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 12

!"#$%&'( *+#+, -! ./ !"0(%1( '2( 3(4%! ! 5!3!%("(6 7.+3-( +( "!3'&/!3'( -!

"(8&-+%&!-+-! ! +#%(9+12( *(/#8!'+" 9!/ "! "(/+% ! &30.3-&% ".%#%!"+ !

+""(/4%(: '!/(" ( ;.! "! -!3(/&3+ #%(#%&+/!3'! +-/&%+12(: *(/(


17/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 11

! #$%&'()&*'('* &+'$%*+,* * -(##&.( /$0 12* $ (/$0-(+3(0$# *0 #*2#

#$4)&0*+,$# -)$+,(0*+,* ,$)+(5#* *##* #*+,&0*+,$ 0( .&6$)$#$ * (,&.$ /$0 $

12(% -(),&/&-(0$# '* #*2# *#4$)7$# -()( $# )*-*%&)8 $2 -()( #(,(9*) #2(

(.*)#:$ ($ 12* $# $/(#&$+$2; < /(#$ = (&+'( 0( &+,*+#$ 12(+'$ 20

#*) 320(+$ = ( /(2#( '$# #$4)&0*+,$#; >2(+'$ .*0$# 20 3$0*0 $-)&0&'$ $2

$4*+'&'$ -$) $2,)$8 ( #&0-(,&( 12* *?-*)&0*+,(0$# -*%( (4%&7:$ '$ #$4)*'$)

-()*/* #*).&) (-*+(# -()( (+&0() +$##( #$%&'()&*'('* /$0 #*2 )*##*+,&0*+,$

/$+,)( $ (6)*##$); @*6$9&A(5+$# .B5%$ (,(/() -$) #2( .*9 #*2 ('.*)#C)&$8 *

4&/(0$# (+#&$#$# * '-$#,$# ( (A2'C5%$ #*0-)* 12* ,*+,() '*4*#(8 $28 *0 /*),$

6)(28 (,= 0*#0$ .&+6(+7(; D* $ $4*+'&'$ -*)*/*##* +( %2,(8 +:$ (-*+(#

#&0-(,&9()E(0$# /$0 $ )*(% )*##*+,&0*+,$ '* #*2# (0&6$# * -()*+,*#8 0(# /$0 $

)*##*+,&0*+,$ 12* *0 +$##( &0(6&+(7:$ *0-)*#,(0$# ($ 0$),$8 12* AC +:$

= /(-(9 '* #*+,&) +*+320( $2,)( *0$7:$ 320(+(; F(#8 +( 0*'&'( *0 12* +$#

/$%$/(0$# *0 #2( #&,2(7:$G +( 0*'&'( *0 12* *+,)(0$#8 -$) (##&0 '&9*)8 +$

#*2 /$)-$G *8 *0 +$##(# 4(+,(#&(#8 '* /*),$ 0$'$ (+&0(0$# +$.(0*+,* (

'$)0* * '*/$0-$#,( /()/(7( '$ 0$),$G 12(+'$8 '*##( 0(+*&)(8 0$#,)(0$#

#*2 /(#$ -()( +$##$ -)H-)&$ -*&,$G +*##( $/(#&:$8 /$0$ *0 02&,(# $2,)(#8

*?-*)&0*+,(0$# 20( *0$7:$ 12* ( -*##$( '&)*,(0*+,* (,&+6&'( = &+/(-(9 '*

*?-*)&0*+,()8 ( 12(%8 /$+,2'$8 *?-*)&0*+,(0$# -$) 20( &%2#H)&( #$%&'()&*'('*-()( /$0 *%*; !# %C6)&0(# /$0-(##&.(# 12* '*))(0(0$# -*%( &0*+#( *

&))*-()C.*% -*)'( 12*8 *0 +$##( 4(+,(#&(8 $ 0$),$ -()*/* ,*) #$4)&'$8 +:$ #:$

#*+:$ 20( -*12*+( -(),* '* +$##$ '*.*) -()( /$0 *%*; ! $4*+#( '* 12* 4$&

.E,&0( *?&6*8 -*+#(0$# +H#8 20( -(),* /$+#&'*)C.*% '* +$##( (,*+7:$;

I?-*)&0*+,(0$# $ )*##*+,&0*+,$ 12*8 &0(6&+(0$#8 *%* '*.*)&( *?-*)&0*+,()8 *

12* *?-*)&0*+,()&( #*8 *0 #*2 /$)-$ 4)&$ * &+*),*8 )*#,(##* 12(%12*) /$+#/&B+/&(

'$ 12* #* -(##( +( ,*))(; J2%6(0$# 12* #*2 #(+62* /%(0( -$) .&+6(+7(;

!# -)H-)&(# /&+9(# '$ 0$),$ -()*/*0 -*),2)K('(# L &'=&( '* 12* (# $4*+#(#

#$4)&'(# -(##*0 #*0 .&+6(+7(;


18/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 122

!34* )$)'5(& (678.(* 5%,*')$&(9:$* (% *$,*% )$ )$;$&0 < 5%,*5'=,5'( $ (%

&$.%&*%0 ,%**% .8' $,7$,>%*% (8-%& 3(**( < 5%,*')$&(9?% )% $@$'-% )( 8-'6')()$

*%A&$ % *$,-'.$,-% )$ (3&%;(9?%B

!"#"$ "$ &'( )* +",$-#(././0 +"0 /12'0/ /3(,45" " &'( +",$3-3'- / ,/3'.(6/

#/ 7(1(6/ "7$(.8/./0 &'( / '3-1-#/#( 9 '0/ #/$ :.-,+-:/-$ ;",3($ #( 7(1(6/<

= +"0"#-#/#( #( '0/ +/$/ :.":".+-",/ 3/,3" :./6(. /" ($:(+3/#". &'/,3" /

.(2'1/.-#/#(> (? #" 0($0" 0"#"? +/'$/@1A( :($/. "7$(.8/. " #(;(-3" +",3.*.-">

+"0"? :". (B(0:1"? 8(. &'( /$ )/,(1/$ +"..($:",#(,3($ $5" #( #-;(.(,3($

;".0/3"$? "' &'( / :".3/ ,5" ($3* :"$-+-",/#/ (B/3/0(,3( ," 0(-" #" (#-;C+-"<

D'( / +/:/+-#/#( #( &'/1&'(. $-$3(0/ "' 0*&'-,/ :/./ :."#'6-. / ;-,/1-#/#(

:/./ / &'/1 ;"./0 :1/,()/#/$ +",;(.( +(.3/ +",8(,-E,+-/ ( :.":.-(#/#( /" 3"#"?

3".,/,#" /2./#*8(1 35"@$"0(,3( $'/ -0/2-,/45" "' +",3(0:1/45"? 9 /12" 35"

F78-" &'( ,-,2'90 )/0/-$ #(-B"' #( ,"3/. 1CD

! &(E?% 3(&( % 3&(E$& F8$ %A-$.%* ,( 5%,-$.36(9?% )( 8-'6')()$ G )$*'7,()( 3%&

,%**% (8-%& 5%.% 8.( $*3G5'$ )$ $-0:/3-/ 3$6(* 3$**%(* F8$ 5%6>$. ( ;(,-(7$.B

H$ +/./+3(.($ #"$ A"0(,$? 7(0 +"0" "$ :."#'3"$ #/ /.3( ( /$ -,$3-3'-4G($ #"

2"8(.," +-8-1? :"#(0 $(.8-. :/./ :."0"8(. "' :/./ :(.3'.7/. / ;(1-+-#/#(? 3/,3"

#" -,#-8C#'" &'/,3" #/ $"+-(#/#(< H +/.*3(. :.'#(,3(? (&I-3/3-8" ( #-1-2(,3(?

.($"1'3" ( $F7.-"? /,',+-/ :."$:(.-#/#( ( $/3-$;/45"? 3/,3" :/./ / :.F:.-/:($$"/ +"0" :/./ 3"#/$ &'( / (1/ $( .(1/+-",/0< =" +",3.*.-"? " +/.*3(.

-0:.'#(,3(? -,$"1(,3(? .(1/B/#"? (;(0-,/#" ( 8"1':3'"$" :.(,',+-/ / .'C,/

#" -,#-8C#'"? ( / #($2./4/ #( 3"#"$ +"0 &'( 0/,3(,A/ /12'0/ .(1/45"<

H :.-0(-." #($$($ 0"#"$ #( $(. 3(0 :(1" 0(,"$ 3"#/ / 7(1(6/ &'( :"#( /#".,/.

/ 0*&'-,/ 0/-$ :(.;(-3/ )/0/-$ -,8(,3/#/ :/./ :."0"8(. " 0/-$ /2./#*8(1 ;-0>

( " $(2',#"? 3"#/ / #(;".0-#/#( #/ 0/-$ #($/$3./#/ ( #($/)(-3/#/ -,8(,45"<

D'( -,$3-3'-45" #( 2"8(.," :"#(.-/ $(. 0/-$ /#(&'/#/ :/./ :."0"8(. /

;(1-+-#/#( #"$ $(.($ A'0/,"$ &'( / :.(:",#(.J,+-/ #/ $/7(#".-/ ( #/ 8-.3'#(K

!"#" " 2"8(.," ,5" 9 $(,5" '0 .(09#-" -0:(.;(-3" :/./ / #(;-+-E,+-/ #($3/$<

L".3/,3"? / 7(1(6/ &'( :"$$/ :(.3(,+(. /" 2"8(.," +-8-1 :". +/'$/ #( $'/'3-1-#/#( ,(+($$/.-/0(,3( #(8(.* +"..($:",#(.? (0 2./' 0'-3" 0/-".? M

$/7(#".-/ ( M 8-.3'#(< =" +",3.*.-"? &'( :"1C3-+/ +-8-1 :"#( $(. 0/-$ .'-,"$/ (

#($3.'3-8/ &'( "$ 8C+-"$ #"$ A"0(,$K H$ (;(-3"$ ;/3/-$ #( '0 0/' 2"8(.,"

#(8(0@$( ',-+/0(,3( / ,5" :."3(2(. $';-+-(,3(0(,3( +",3./ "$ 0/1($ +/'$/#"$

:(1/ :(.8(.$-#/#( A'0/,/ I2D

1C +/J#K0 !(".-/ #"$ N(,3-0(,3"$ O"./-$? JLD1D1D

I2 P#


19/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 121

/(*0 (3$*(& )$ ().'-'& 45$ ( 6%,*')$&(78% )( 5-'9')()$ &$(97( $ (:':( ( 3$&6$378%

)( ;$9$5*-(.$,-$0 45$ (45$9(

3$&6$378% = %&'?',(9 $ $**$,6'(9.$,-$ )'*-',-( )$ 45(945$& :'*8% )( 5-'9')()$@

A(&$6$ '.3%**B:$9 45$ ( (3&%:(78% *$>( 5. *$,-'.$,-% )% .$*.% ?C,$&% 45$ (45$9$

3%& .$'% )% 45(9 (3&%:(.%* 5. $)'DB6'% 6%,:$,'$,-$ $ ;$. 3&%>$-()%0 $ 45$ ,8% ,%*

)E 45(945$& &( '(&)*# # ;$%4"%$# &;&$" E")/%4#, 1&=/& *" &=7# 2(" ",;"$:5&4#, ")


20/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 123

!"#$%& & ()*+,-).(& /$0 ,0$0 1 .$02,"10 0$#%1 $0 01)2("1)2$0 "$%&(0 ),).&

013& 24$ 5%&)/16 7 2$/&8(& 91%*1(2&"1)21 01"1+:&)21 ;


21/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 123

!"#" "% "&'()"% *"# "% +,-.% /"#(0% 1-% 1.2(3(0)(% 43"2.%%5(% ( 4"%.65(%

(%)7" 2-#.8.-3.9-1"% %7" #,.)" 1.2(3(0)(%: 0-),3-8#(0)( 2"3#-#;%( 0(8(%

*-3-*)(3(% ( #"1"% #,.)" 1.


22/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 123

45$ ,$,65. )$7$* 8%)$&'( *$& 9$.:*5;$)')% *$. (7$&)()$0

$ ,?% *$,)%0 $. (7$&)()$D I%& 45(*$ -%)% 5. *H;57%0

5.( ,(=?% .5'-% $,$,;$5:*$ ;%. ( )$.%,*-&(=?% )$ 45$ (* *58%*-(* ;(5*(* )$**$*

$@$'-%* .(&(>'76%*%* ,?% (8$,(* ,?% $B'*-'(. )$ @(-%0 ;%.% $&(. (9*%75-(.$,-$

'.8%**F>$'*0 $0 ;(*% &$(7.$,-$ $B'*-'**$.0 ,?% 8%)$&'(. 8&%)5G'& %* $@$'-%* 45$ 76$*

$&(. (-&'95F)%*D N .$*.% ,?% *$ )O0 8%&H.0 ;%. %* *'*-$.(* )$ @'7%*%@'( .%&(70 8%'*

5. (5-%& 45$ 8&$-$,)( $B87';(& ( %&'$ 5. 8(F* )'*-(,-$0 8%)$ @(G$& ,%**(

;&$)57')()$ (;$'-(& ( @';=?% .('* ',@5,)()( $ (9*5&)( ;%.% *$ @%**$ % .('* ;$&-%

(&&(G%()%D /(*0 (',)( 45$ 5.( 8$**%(0 (% 8&$-$,)$& ',@%&.(&:,%* )% 45$ *$ 8(**(

$. ,%**( >'G',6(,=( $ )%* (**5,-%* )( 8(&J45'( $. 45$ >'>$.%*0 -(.9H. (45' 8%**(

,%* $,$.0-%)(>'(0 ( 8(&$;$& )$,-&% )%* 7'.'-$* )( (8(&$,-$ 8%**'9'7')()$0 ,?% 8&$;'*(

)$*$*8$&(& )$ ;%,45'*-(& ,%**( ;&$,=(D /(*0 45(,)% *$ 8&%8L$ ( Q5*-'@';(& ( %&'$.%*0 ;%.% (',)(

,%**%* 8&J8&'%* ',-$&$**$* )%.H*-';%*D S.9%&( -(.9H. (45'0 ( $B$.87% )$ *$,6%&$*

',)%7$,-$* 45$ )$8%*'-(. ;%,@'(,=( ,5. ().','*-&()%& 45$ %* $,$7 45$ ,%* 75)'9&'$0 *%.%* 9$. ',;(8(G$*0 ;%,-5)%0 )$ )(& ;&H)'-% ( 45(745$&

$B87';(=?% 45$ ,?% ;%,*$&>$ 5. .F,'.% )$ >$&)()$D !% .$,%* (7


23/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 123

+$ 45 (678.( 9(&-$ )( :(6'%*( $.9&$'-()( )$ ,%**% (8-%& ;8$ %?% (% 6$'-%& )$*=8')()% @=%.% A (-8(6.$,-$ ( .('%&'( )%*

6$'-%&$*B0 A $**$ $*-8)% )%* )'?% -$. )%'* -'9%* )$

.A&'-% &(&(.$,-$ $,=%,-&()%* $. %F&(* )$ &(='%=H,'% (F*-&(-% $ $*9$=86(-':%C

I 9&'.$'&% A ( :(,-(7$. )$ 8. $*-'6% :':%0 9$&*9'=(G0 .5*=86% $ *$. (?%C

!,'.()% 9$6%* *$,-'.$,-%* )$ :'&-8)$0 *$8 )'*=8&*%


24/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 123

!"#$%&'"

!"#$%&'" "#$%' ('&&)*%!"#$"%&'(" *+ ,-"'"+.& /*0& 1'.2*%3.(&(* 4*(*%&0 (" 5." (* 6&'*.%"7

!"

4( *5( &$*$,6( )( ()"*'+ -"# .)/0'1)/0"# 2"*+'#3 75.$ )$*-(8( )5(* 95$*-:$*

8$,-&('*; ( )( 8%,8%&&='% )( *'.=(-'( ,( ?%&.(@A% )%* *$,-'.$,-%* $

*(,@:$* .%&('*B ( )( 5-'C')()$ D=EFC'8(G 8%.% 8&'-H&'% DEC-'.%G =(&( ( (=&%I(@A%

.%&(CJ K.F%&( % -%. L$&(C )( (=&$*$,-(@A% %*8'C$ $,-&$ % $C%L'% $ ( )$*8&'@A%

M5)'8'%*(0 (* $)'@:$* &$8$,-$* )( &$*$,6( ,%* ()I$&-$. 95$ % $*-'C% C$I$

)$*$,I%CI')% =%& 75.$ (=N* % ?&(8(**% $)'-%&'(C )% (*+0+-" #"4*) + 5+06*)7+

861+/+3 .('* % *$5 '&&$*'*->I$C L%*-% =$C( (.F'LO')()$0 ,( I$&)()$ $,8%F&$.

=&%?5,)(* )'I$&L='% )(*'.=(-'( 5,'?'8( (* -$%&'(* )$ 75.$ $ +.'-6 $. 8%,-&(=%*'@A% ( 75-86$*%,0 85M(

8%,8$=@A% )$ *$,-')% .%&(C 91"*+: #)/#); =&(-'8(.$,-$ &$=C'8(I( ,% =C(,% *$,*N&'%T

',)'I')5(C %* ?$,U.$,%* )( .%&(C')()$0 95$ ()95'&'(. $,-A%0 '.$)'(-(.$,-$0 %

$*-(-5-% )$ I$&)()$* $.=>&'8(*J

!**'. 8%.% 75-86$*%,0 75.$ $,-&$-',6( 5.( )'*-',@A% $,-&$ V-$%&'( )( I%,-()$W

D%5 V-$%&'( )( (@A%WG $ ( -$%&'( .%&(C; $,95(,-% ,( =&'.$'&( ( %F&'L(@A% ,(-5&(C

9/+06*+: "4:'


25/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 123

% *$,-')% .%&(4 !"#$%& ()*()+ 5 )(6 78$ ( (9&%:(;(-% ',*?&'-%

,8.( @%&)$. ,(-8&(4A0 ,8.( *$7BC,?'( ?(8*(4 D&$:$ $ )'&$-(E

F$**$ $*78$.(0 ,$,G8.( $4(D%&(;


26/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 123

!!"

4% 5(*% )% 6'78*%6% 9:$ 5%,57:': *:( ',;$*-'% )( &(?>% ',)';'):(7 5%,*')$&(,)%@(

',*:6'5'$,-$ A(&( $*-(B$7$5$& :. .:,)% %BC$-';% %: *$9:$& :. D$: ')E,-'5% ( *'

.$*.%F0 -(7;$? A(&$=( ',*87'-% % A&%C$-% )$ 6:,)(& ( ;')( .%&(7 ,:. DA&',5GA'% )(

*'.A(-'(F ',-$&*:BC$-';%H 4( .$)')( $. 9:$ % A&8A&'% I:.$ A%**( -$& A$&5$B')% $**$

A$&'% )$

9:$ I:.$ A%**:' )%'* .J-%)%* )$ ',;$*-'% $ )%'* 5%&A%* )$ 5(-$


27/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 123

456$&'.$,-(& 6(&( )$7')'&8 9$&7%&&$& ( $:%;% )% ?7%,7$'-%@ )$ *'.6(-'( $,-&$

A&"#53($( #0% $


28/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 112

.%3$.0 (4-$&(,)% ( $*-&5-5&( )$ ',6$,-'3%*0 %7*-(,)% 5.( 8('9:% %&';',(4 )$

*$,-')% 6%,-&


29/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 111

2%.% % 3$. .%&(4 56$ (7%&(0 )$*8&$,)')% )% 9$2:(.$,-% *',-;-'2% (3*%46-% )(*

*$,*(


30/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 112

34.$ 5&'6( ( 7%,7$589% *.'-:'(,( )$ -%)( ( *4( %&';',( ?% 7%.$,-@&'% )$ =(A,%&B

CD ,%-@6$< 7%.% % (4-%& )( &$*$,:( ()'(,-%4E*$ ,( )$F$*( )( -$%&'( )( *'.5(-'( )$+.'-: $. &$


31/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 112

3%. ( (4&%5(67% .%&(8 9 $ (: ;


32/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 112

+.'-3 )'**% 4%& 5.( &$)567% (% (8*5&)%9 :*$ -%)( *'.4(-'( ;%**$ ($?0 5.

3%*4'-(? *$&'( 5. ?5$&-')% )% @5$ 5. 8('?$AB C.8%&( ( &$*4%*-( )$ +.'-3

,7% *$ 4&$*-$ -(,-% @5(,-% $**( -'&()( )$ D5.$ ( 5.( -$&-E?'( )$ ;'?F*%;%*0 4%)$.%*

$,-&$>$& ,$?( ( 8$?$G( -(?>$G .$,%* ;=H'? 4&%>$,'$,-$ )$ 5. .=I'.% )$

*'*-$.(-'H')()$ H%. 5. .J,'.% )$ 4&%?'I')()$9

:K%'L.$ %8M$-()% @5$0 H%.% ')$,-';'H% ,( *'.4(-'( 5. *$,-'.$,-% )$ (4&%>(67%0

@5$ N *$.4&$ ($?0 *$&'( ',H%,*'*-$,-$ H%. .$5 *'*-$.( ().'-'& @5(?@5$&

*'.4(-'( )$*($?B ! '**% &$*4%,)% @5$ )5(* H%'*(* )$>$. *$& H%,*')$&()(* ,%

*$,-'.$,-% )$ (4&%>(67%B C. 4&'.$'&% ?5(67% )( 4$&;$'-( H%&&$*4%,)P,H'( $,-&$ (

4&F4&'( 4('I7% *'.4=-'H( $ ( 4('I7% %&'%?>')(B

C*-( E?-'.( $.%67%0 @5$ H%,*-'-5' 4&%4&'(.$,-$ % *$,-'.$,-% )$ (4&%>(67%0 N *$.4&$

($? $ )$?$'-%*(B ! %5-&( -(,-% 4%)$ *$& ($? H%.% )$*($?0 $ '**% )$

(H%&)% H%. ( ,(-5&$G( )( 4('I7% %&''(0 4(&$H$L.$ @5$ 5.( ',*-X,H'( 4&'>'?$'8&(67% %&'JH'%0 H(*% $I4$&'.$,-$ )%&O % -$&H$'&% -'4% H%,*'*-'&'( $. H%?%H(& $. H%,-(-%

)5(* H%&)(* 4&$>'(.$,-$ $I4%*-(* U ;%,-$ )( >'8&(67% V*$ % 4&',HJ4'% )( *'.4(-'(

;5,H'%,(& 4$&;$'-(.$,-$0 4%)$.%* *$. 4&$M5JG% -%.(& ( 4$**%( $;$-'>(.$,-$ (;$-()(

QR +/Z#DB !B !1* !1*&"2 &3 4&"#5 6*0$7/*0$(B [I;%&)0 \?(&$,)%, ]&$**0 1^_`0

4B 2`B

QQ Da/C0 SB 8 !"*#$7(* &3 .,/#0 +#$,"*B [I;%&)0 \?(&$,)%, ]&$**0 1^`20 QBQBZB


33/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 112

3%& 4.( (56% $ % $*3$7-()%& 7%.% 7%&)(* 3%**'8$9.$,-$ )':$&$,-$* 8';&()(* 3$9(

.$*.( :%,-$,7'(= DA

*$ (* %,)(* :%&$. .4'-% )E*3(&$*0 % $*3$7-()%& (74*(&A 4.( )$:(*(F$. $ &$3&%8(&A

.%&(9.$,-$ ( &$(56% )( 3$**%( (:$-()(G

! DA .$,7'%,()( 7%,7$356% )( *'.3(-'( ,4.( &$9(56% *4D$'-%@%;D$-% ')$,-':'7(&'(

H4.$ 7%. % *$F4,)% -'3% $*-(;$9$7')% (7'.(0 7%.% 3(&$7$ )$ :(-% :(I$& J%&-%,KLG

M% *$F4,)% 3(&( % -$&7$'&% -'3%0 ,6% *N .4)( ( 7(&(7-$&'I(56% )% .$7(,'*.% )(

(3&%8(56% .%&(90 7%.% % *$4 %;D$-%O )( ',-$,56% %4 B4(9')()$ )$ 7(&A-$& )( 3$**%(&$*3%,*A8$9 3%& 4.( (56% 3(&( ( &$(56% )( 3$**%( (:$-()( 3$9( (56%G P -$&7$'&% -'3%0

(8$,-4&%@.$ ( )'I$&0 Q % -'3'7(.$,-$ *.'-R'(,%0 7%,*'*-',)% ,% !"#$%&'()* ,'

-.*-./',%,'0 $ 9%F% )$ *(E)( Q '.3%&-(,-$ F$,$&(9'IA@9% 7%.% % D49F(.$,-% )( (56%

%4 *$,-'.$,-% )$ 4.( 3$**%( :%&.()%* $. )$-$&.',()(* 7'&74,*-S,7'(*0 ;(*-(,)%

3(&( -(9 *4;*-'-4'& ,( (9$F%&'( % -$&.% T:%,-$ )( 8';&(56%U 3%& T7'&74,*-S,7'(*UG

! -'3%9%F'( B4$ (7(;(.%* )$ 7%,*-&4'& 3(&-',)% )( (9$F%&'( )$ H4.$ $*-(;$9$7$

4.( $*3Q7'$ )$ &$*-&'56% -%3%9NF'7( 3(&( (* ',-$&(5V$* *$,-'.$,-('*O -%)(* $9(* ->.

)$ *$ )(& ,% .$*.% 39(,% :E*'7% )$ B4$ -&(-( ( .$7S,'7( %,)49(-N&'(G !',)( *$.

8'%9(& -(9 &$*-&'56%0 *$&A B4$ 3%)$.%* $*3$&(& )(& &$*3%*-( W %;D$56% )$ X(Y,%& $.

)$:$*( )$ H4.$0 *$F4,)% ( B4(90 F(&(,-',)%@*$ B4$ H4.$ :(I'( ( )'*-',56% $,-&$% *$,-'.$,-% *'.3A-'7% $ % *$,-'.$,-% )$ (3&%8(56%0 T$. 7(*%* %,)$ -(,-% ( 3('?6%

7%.4,'7()( B4(,-% *$4 3&%-N-'3% *6% )$*(F&()A8$'*0 Q *'.39$*.$,-$ '.39(4*E8$9

B4$ ( %;*$&8(56% )$ *4( 7%&&$*3%,)>,7'( *$D( (F&()A8$9= 1*&* '()2* % -%/32*

,'4%$.%,56'# -*,'./% -.*,"7/. % %$.%,56'#89 Z -%.(,)% ,%**% -$&7$'&% -'3% )$

7%.4,'7(56% *$,-'.$,-(90 % )( ',-$&(56% )$ )4(* 7%&)(* 3&$8'(.$,-$ 8';&()(* 3$9(

.$*.( :%,-$0 X(Y,%& 8$&'( ,( ',-$&(56% 7%,*-&4-'8( )$ )4(* %,)(* )$ *$,-'.$,-%

)%9%&%*% (3$,(* 4.( ',-$,*':'7(56% )( )%&0 ',7(3(I )$ F$&(& B4(9B4$& 3&(I$& $

3%&-(,-% (3&%8(56% .%&(9G /(* 3$,*$.%* (F%&( ,% %;*$&8()%& 7%.% ( 3$**%( ,6%

)'&$-(.$,-$ (:$-()(O ( '.(F',(56% *'.3A-'7( % 7%9%7( ,% 94F(& )( 3$**%( (:$-()(= $9$

3(**( 3%& 4.( $?3$&'>,7'( )%9%&%*( B4$ )A %&'F$. ( 4. *$,-'.$,-% 3&%-%-E3'7%03%&-(,-% :(9*%= )$3%'* % %;*$&8()%& &$3%4*(0 )$*$D(,)% *4*-$,-(& (B4$9$ *$,-'.$,-%

%4 '.3&$**6% ',)$:',')(.$,-$0 7%.% 4.( %,)( *$ 3&%3(F(,)% ,% 8A74%= (E0 (

7%,:&%,-(56% 7%. 4.( %,)( )':$&$,-$0 '*-% Q0 ( ,6% 7%&&$*3%,)>,7'( )$ *$,-'.$,-%*0

F$&( 4. )$*(F&()A8$9 $*:%&5% )$ (7%.%)(56%G J% 9%,F% 3&(I%0 ( )'8$&F>,7'( 3%)$

KL JPX#PJ0 MG[G :"&'0 :"&%( ;%)".'0 %(, )


34/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

."3+4%$" 112

$,*$3(& ',456*'7$ 6.( &$7'*8% ,%* 9()&:$* %6 7(5%&$* .%&('* )% %;*$&7()%&< .(* ,%

46&-% 9&(=% % 365>(.$,-% 9&$**69:$ ?6$ % %;*$&7()%& *$3( % @%.$. ,%&.(50 (?6$5$

463(* &$(A:$* *8% ()$?6()(* $ 9&%9%&4'%,('* B* 4'&46,*-C,4'(*0 &$*-(,)%D5@$ &$9$5'& %

?6$ E )'F$&$,-$ $ (4%5@$& % ?6$ E '>6(5G H$965*( E 6. *$,-'.$,-% )$*(>&()I7$5G

+$ % ,%**% %;3$-'7% F%**$ 9&$-$,*'%*(.$,-$ JF$4@(& ( 9%5K.'4(L )(,)% &$*9%*-( B

%;3$A8% )$ H(M,%&0 )$7$&N(.%* ,%* F$5'4'-(& 9$5( 9(&4'.O,'( 4%. ?6$ -(57$= *$ 9%**(

F(=KD5%P ,8% 9&$4'*(.%* ',)(>(& )$ ?6$ -'9% $*9$4'(5 E % *$,-'.$,-% 9&(=$&%*% )(

(9&%7(A8% .%&(50 ( F'. )$ $Q95'4(&.%* 4%.% E ?6$ )% )$*(>&()I7$5 *$ 9&%)6= %

(>&()I7$5G /(* 4%. '**% 9%69(.%* (* (&.(* .('* 9%)$&%*(* )$ +.'-@0 36*-(.$,-$,6. 4%,-$Q-% $. ?6$ ( 5'-$&(-6&( -(.;E. E &$5(-'7(.$,-$ %.'**(G R( *6( ',-&%)6A8%

B !"#$%& (#) *"+,%-"+,#) .#$&%)/ H(9@($5ST $,F(-'=(7( % 9(9$5 )% 0$&1"$ "),2,%3# ,%

7(5%& (-&';6N)% B 4,%5%(&(" S20 % ?6$ -(,-% +.'-@ ?6(,-% U6.$ 9(&$4'(. &$4%,@$4$&G

!>%&( E 9&$4'*% $Q95%&(& % 9(9$5 )% 9&(=$& $*-E-'4% ,% 4(*% ;I*'4% )( (9&%7(A8%

.%&(50 '*-% E0 ,% 7(5%& (-&';6N)% B 0$#0$%"(&(" 60$#0$%",78G

!,(5'*(,)% % 945:&-"+,# (" 0$#0$%"(&(" *.'-@'(,%0 9%)$.%* )$4%.9OD5% ,6.

4%,36,-% )$ %9$&(A:$*P 9&'.$'&% % $*9$4-()%& .%&(5 *$ &$-'&( )( *'-6(A8% %6

-%-(5')()$ )( ?6(5 $5$ .$*.% $&( 6.( 9(&-$ ,% .N,'.% 9%& 4(6*( )( *6( '.9&$**8%

)'&$-( $,?6(,-% J%;*$&7()%&L< )$9%'* &$4%,*-&V' 6. $,-%&,% ( 9(&-'& )% ?6(5 $5$

365>( *$& % 9%,-% )$ 7'*-( %6 9%*'A8% )( 9$**%( )'&$-(.$,-$ (F$-()( W(>$,-$ .%&(59&',4'9(5X0 $,-%&,% ?6$ 9(&( *$& 9$&F$'-% )$7$ ',4%&9%&(& $5$ .$*.% $ %6-&%*

%;*$&7()%&$*< )(N0 % )"+,%-"+,# )%-0;,%3# &$*65-( )( $Q9$&'K,4'( )( *6;3$-'7')()$

)% 9&V9&'% $*9$4-()%& ,$**$ 4%,-$Q-% .$,-(5.$,-$ 4%,*-&6N)%G WYQ'*-$ $,-8% (5>%

4%.6. B '.9&$**8% )'&$-( )% J%;*$&7()%&L $ (% *$,-'.$,-% *'.9I-'4%0 9%'* $**$

&$?6$& ( 4%,*-&6A8% )$ 6.( *'-6(A8% $*9$4'(5 4%. ( 9&%9&'$)()$ )$ *$& -8% ',-$>&(5

%6 7$&%**N.'5 ?6$ F(5$ ,8% B .$.V&'(D45(**'F'4(A8% )$ 365>(.$,-%* *%;&$ 4(*%*

9&$4$)$,-$* *'.'5(&$*0 .(* (%* *$,-')%* $ *$,-'.$,-%* 9&$*$,-$*XG Z',(5.$,-$0

$Q$&4'-()( ( %-&:%+&(.$,-% .%&(5 )(&D*$D'( 9$5% 3I

.$,4'%,()% 4%,F&%,-% $,-&$ *$,-'.$,-% *'.9I-'4% )% $*9$4-()%& $ 9('Q8% %&'>',(5 )%

(>$,-$ 9&',4'9(5P ?6(,)% %4%&&$ 4%',4')K,4'( %6 4%&&$*9%,)K,4'(0 % $*9$4-()%&4%,*')$&( ( 4%,)6-( )% (>$,-$ 9&',4'9(5 ()$?6()( $ 9&%9%&4'%,(5 B* 4'&46,*-C,4'(*0

ST H![U!Y\0 ]G]G ^ /!_Z`Y0 !G\G >+,$#(43,%#+ ,# !?"#$7 #@ .#$&5 *"+,%-"+,)G

aQF%&)0 _5(&$,)%,0 1bc2G

S2 Jd(5%&'=(D*$ 9&'.$'&(.$,-$ ( 6-'5')()$ )$ 6. .$'% 9$5%* F',* ?6$ $5$ (5.$3(<

.(* $,-8% ,%* $,4(,-(.%* 9$5( ;$5$=( )$ *6( $F'4'K,4'(0 $ +.'-@ 4&K ?6$ $**$

9&(=$& )$*$.9$,@( 6. '.9%&-(,-$ 9(9$5 ,% $*-N.65% )( (-'7')()$ $4%,O.'4( $

)% 95(,$3(.$,-% 9%5N-'4%L W',P H![U!Y\ ^ /!_Z`Y0 #0A 3%,A/ 9G 1eXG


35/35

!"#$% '()* +,-.* ! #$%&'( )%* +$,-'.$,-%* /%&('*0 %* /%") 0)$12

'*-% 30 (4&%4&'()( !"#$"%#&' 5 *$,-'.$,-% )$ (4&%6(78% .%&(9 *%:&$6'&'( ;

hume sobre adam smith

Documents