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.
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© 1971 International Economic Association
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Kindleberger, C.P., Shonfield, A. (1971). Discussion of the Paper by Professor Eastman. In: Kindleberger, C.P., Shonfield, A. (eds) North American and Western European Economic Policies. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-01098-1_4
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DOI: https://doi.org/10.1007/978-1-349-01098-1_4
Publisher Name: Palgrave Macmillan, London
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