Just hearing leading trade thinker @BaldwinRE predict a massive decline in manufacturing trade due to the increased opportunity for low labour production. Fits with idea of massive increase in services trade. UK trade policy needs to predict the new world, not chase the old
@BaldwinRE Those who are most supportive of Brexit should be putting forward a proper vision of UK trade policy, where services are at the centre.
Clue: Traditional Free Trade Agreements are more focused on goods than services.
Clue: Traditional Free Trade Agreements are more focused on goods than services.
@BaldwinRE A US trade friend commenting to me yesterday on the appeal of Free Ports "Well, its got the word free in there".
