30-11-18, 11:34 PM
There is another factor that Minford ignores. Whilst he (wrongly LSE says) dismisses the importance of trading with your nearest partners, he ignores the increasing importance of trading with your nearest partners that an increasing awareness of global warming will bring.
Inevitably in the near future there will be a global move to reduce unnecessary transport and in particular the unnecessary transportation of goods.
Inevitably in the near future there will be a global move to reduce unnecessary transport and in particular the unnecessary transportation of goods.