world trade Archive

  • How the euro protects its members

    Previous blogposts (here and here) have written approvingly of the trend to include more foreign-produced value added in a country’s exports.  What this means is that the components and parts in a finished product (which includes contributions to a product’s value such as design and […]

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  • Greece is not integrated enough

    A previous post on this blog looked at international trade from the perspective of value added rather than gross exports, that is to say, what proportion of a country’s exports have previously been imported from somewhere else.  We found that the trade in components and […]

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  • What is trade made of?

    It is a familiar complaint from eurosceptics that the UK does not trade enough with the countries of east and south east Asia.  Membership of the EU has distorted the UK’s trading patterns, they say, focussing too much on Europe and not enough on the […]

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  • Trade war over gambling

    International trade disputes often shine a light on odd behaviour, and the dispute between the United States and the tiny Caribbean island country Antigua and Barbuda is no exception.  Originally colonised as a site for sugar plantations, the decline of the Antiguan sugar industry has […]

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  • The death of distance?

    Long-time favourite of this blog, Daniel Hannan MEP, likes to argue that globalisation is making membership of the EU unnecessary because distance is ceasing to matter.  When it comes to globalisation, the clue is in the name.  Why worry about a continent when you have […]

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  • Is it time to leave the EU?

    I spoke at a debate earlier this week organised by the Spectator, with the subject of “Is it time to leave the EU?”; naturally, I was against the motion. Also on our side were Denis MacShane MP and Phillip Souta, director of Business for New […]

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  • Say what you mean

    Tory MP Mark Pritchard writes in the Daily Telegraph today calling for a two-stage referendum on British withdrawal from the European Union.  The first stage is a referendum next year on whether we want to be part of a political union or only a part […]

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  • World peace through world trade

    Apparently it is the 100th birthday of IBM, the American computer company, formed through a merger of the Tabulating Machine Company, the International Time Recording Company and the Computing Scale Company of America on 16 June 1911. Its president during the 1930s, Thomas J Watson […]

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  • High food prices: can governments help?

    Read a commentary here from a food industry expert that a spark for the revolutions underway across the Arab world was the high price of food.  There must be something in it: countries such as Egypt and Jordan are major food importers (a lot of […]

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  • Reforming the City

    The appointment of a Frenchman as European commissioner responsible for the City of London has produced ridiculous claims by people who hail it as a victory over Anglo-Saxon capitalism, and ridiculous counter-claims by people who fear it means the end of civilisation as we know […]

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