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Discussion of the Paper by Professor Eastman

In: North American and Western European Economic Policies

Author

Listed:
  • Charles P. Kindleberger
  • Andrew Shonfield

Abstract

Professor Scott said that much of the basic research on Canada’s international position had been done by Professor Eastman. His first theme in this paper was that Canada’s was a very open economy, so that comparative advantage and factor supply position were important. Both present comparative advantages and the tariff policies of other countries led to highly capital-intensive activities, to a heavy draft on Canada’s domestic savings and to big foreign investment — especially from the United States.

Suggested Citation

  • Charles P. Kindleberger & Andrew Shonfield, 1971. "Discussion of the Paper by Professor Eastman," International Economic Association Series, in: Charles P. Kindleberger & Andrew Shonfield (ed.), North American and Western European Economic Policies, pages 48-56, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-01098-1_4
    DOI: 10.1007/978-1-349-01098-1_4
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