Principle of Comparative Advantage: Bicentenary

Debate between Lord Sentamu and Baroness Mobarik
Tuesday 17th January 2017

(8 years ago)

Lords Chamber
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Baroness Mobarik Portrait Baroness Mobarik
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No, I do not think that would be the case.

Lord Sentamu Portrait The Archbishop of York
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Does the Minister agree that the principle of comparative advantage works only if trade is not only free but also fair?

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