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Comparative Costs, the Gains from Trade, and Other Matters, Considered by Professor Viner1
Published online by Cambridge University Press: 07 November 2014
Abstract
- Type
- Review Article
- Information
- Canadian Journal of Economics and Political Science/Revue canadienne de economiques et science politique , Volume 5 , Issue 2 , May 1939 , pp. 234 - 242
- Copyright
- Copyright © Canadian Political Science Association 1939
Footnotes
Studies in the Theory of International Trade. By Jacob Viner. New York: Harper and Bros. 1937. Pp. xvi, 650. ($4.50)
References
2 At a later point (p. 429), in the course of considering the Canadian statistics, Viner suggests that the discrepancy between primary expansion in Canada and fluctuations in outside (foreign) reserves is in part to be explained by fluctuations in Canadian bank holdings of gold. This is a practical application of the point I have made.
3 These refinements Professor Viner criticizes in detail, pp. 520-6.
4 Viner, Jacob, “The Doctrine of Comparative Costs” (Weltwirtschaftliches Archiv, vol. XXXVI, 1932, p. 401).Google Scholar I have been unable to find any equally clear brief statement in the Studies, though the same viewpoint is explicitly expressed.
5 Or of treating them separately, “by means of income analysis” (p. 515n).