Discussion of the Paper by Professor Eastman

  • Charles P. Kindleberger
  • Andrew Shonfield
Part of the International Economic Association Series book series (IEA)


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.


Exchange Rate Interest Rate Monetary Policy Current Account Free Trade 
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Copyright information

© International Economic Association 1971

Authors and Affiliations

  • Charles P. Kindleberger
  • Andrew Shonfield

There are no affiliations available

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