Principle of Comparative Advantage: Bicentenary

Debate between Baroness Mobarik and Lord Sentamu

Tuesday 17th January 2017 Lords Chamber

[Baroness Mobarik]

No, I do not think that would be the case.

[The Archbishop of York]

Does the Minister agree that the principle of comparative advantage works only if trade is not only free but also fair?

[Baroness Mobarik]

I absolutely agree with the most reverend Primate that there has to be free and fair trade. Those are very important principles.