The really interesting question is: what causes wealth? And the answer is clear enough – specialisation and exchange.
Posts Tagged: Free trade
The Article 50 clock is ticking – their departments must waste no more time in preparing the agricultural sector for the challenges and opportunities posed by global trade.
Individually, migrants can come to embody these values better than many on the Left who were born here. But the evidence suggests that this takes time.
OK, it’s a silly question, but it applies no less to Liam Fox’s shadow than to the Trade Secretary himself.
A comparison with its neighbour, the Democratic Republic of the Congo, is stark.
Doing so would be a concrete and welcome improvement to the lives of millions of people.
The International Trade Secretary also explains what his department can do before Britain’s formal departure from the EU.
Imagining otherwise does nobody any good.
Henry Newman: If the EU can strike a free trade, customs-friendly deal with Japan, why not with Britain too?
The Union has already signed up to an FTA) with Canada. Surely we should be able to agree a similar deal for the UK – if not one substantially deeper.
This is because in order to maximise opportunities, we must have control over our tariff schedules and our domestic regulation.
The British economy is already strong, and leaving the customs union will open the door to even broader horizons.
Henry Newman: Hammond has listened to his colleagues over Brexit. Now they should listen to him, and make it open – not closed.
His Mansion House speech offered an opportunity to shift the tone of Brexit policy towards openness, liberalism, free trade and responsible capitalism.
Henry Newman: Hammond should stick to the Conservative position on the Customs Union – and stop freelancing
We would remain bound by the EU’s protectionist tariff structure, and have our trade agreements determined by institutions on which we were not represented.
He also insists that the Government is pursuing the “same strategic policy” over Brexit as it was before the election.
Allie Renison: Government must listen to business when preparing for the possibility of a no-deal Brexit
The absence of a comprehensive agreement would not be apocalyptic, but it would involve many complexities.