if Trump can succeed with the EU, it will be much easier to succeed with the UK. It's much easier to strike FTAs with less complex economies
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Unsurprisingly, you're not interested in actual dialogue. Here, how a customs union distorts the market: http://www.economicsonline.co.uk/Global_economics/Trade_creation.html …
And the article doesn't even touch on the complications of unbalanced subsidies.
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Even this concludes that outside of the CU prices would have been higher.
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Do you fail to understand that this precisely describes the distortion that is occurring...?
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Distortion assumes a natural state. None such esists. No market is free in any case. Not since Paleolithic times.
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i made clear that the distortion is relative to the world stage.
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There is no world stage. There is no world free market.
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You don't need a free market to have a world stage. "World stage" simply means trading with the rest of the world. Which the WTO facilitates
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So distorted compared to what?
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So you want no NTBs and zero tariffs? Free markets?
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I think reducing barriers to trade fairly across the board would be more advantageous than restricting it to only special friends.
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So you'd remove all trading blocs? The world over. You'd remove NTBs? Inc health and safety standards? Labour & environmental laws?
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Nope. These are bigger issues than is suitable for discussion on twitter. So pls stop making assumptions.
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Many barriers are about standards. You're fine with China's employment regs? Think that's a fair comparison?
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That's a different issue. Conflating trade with human rights gets yourself in a muddle. Did you know your iPhone is produced unethically?
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You mean immorally surely? But how so?
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I'd say "unethically" is more appropriate. An example:http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html …
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