Tag: Unilateral Free Trade

Importing is “GREAT”, too

The UK government promotes international trade under the banner ‘Exporting is GREAT’. This is laudable, but the economic benefits of free trade come mainly from what countries import, rather than from what they sell overseas. This is the main message from a paper I wrote recently for the Institute of Economic Affairs. Of course, it is not … Continue reading Importing is “GREAT”, too

Britain should welcome cheaper food from Australia, not tax it

Opposition to tariff-free access to UK markets for Australian farmers is protectionism, pure and simple. Minette Batters, president of the National Farmers Union (NFU), argues that removing tariffs would make it ‘all but impossible’ for British family farms ‘to compete with vast volumes of imports from the southern hemisphere produced in a very different manner’. … Continue reading Britain should welcome cheaper food from Australia, not tax it

The economic case against extending the Brexit transition

If you are someone who believes that Brexit is absolutely marvellous, or a complete disaster, then the question of whether the coronavirus pandemic justifies an extension of the transition period is presumably a no-brainer. But what about those who think the issues are more delicately balanced? This piece is pitched at them. In particular, I … Continue reading The economic case against extending the Brexit transition