Trade

Trade

Free trade with the US is a godsend for Europe

Trans-national trade is generally a force for good, fostering international relationships and generating wealth. There are, though, exceptional circumstances in which this is not the case. The slave trade, for instance, created huge prosperity for some but abject misery for others and, in some quarters, apologies are still being demanded for these past misdeeds. The […]

Trade

EU’s trade policy holds back UK

Do you remember the issue that began the Ukraine crisis? Supporters of President Yanukovych favoured a customs union with Russia; opponents preferred a free trade agreement with the EU. The protesters were right. Never mind the wider issue of whether Ukraine faces East or West. Free trade areas are superior to customs unions, because they […]

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