To how the Europeans feel about a Brexit impact, we can add how the U.K. will affect the EU’s GDP, population, budget, imports and exports when it leaves.
A year ago, China filed a formal complaint with the World Trade Organization (WTO). Targeting the European Union and the United States, China’s goal was to have its economy called a market. The case is huge. Its results could transform…
Like sparkling wine that is called Champagne and cheese that is Parmesan, Mexican tequila is legally protected, even with Desperados tequila-flavored beer.
Surprisingly significant, the EU’s opposition to blue wine reflects how regulation constrains the innovation that creates productivity and economic growth.
Like a dysfunctional family with members who dislike each other, the EU stays together because of the benefits of David Ricardo’s comparative advantage.
Looking at internet connectivity as a part of the EU’s information infrastructure, we can see how Italy is behind and reflects member nation contrasts.
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