7 April 2024
-
Free Trade Agreements aren’t Really Free: The Spaghetti Bowl Effect
We live in a time where Marshall McLuhan’s idea of a “global village” is clearly taking shape. With economies opening up to the rest of the world, trade, in all senses of the word, has been roughly flourishing. Nations slowly realised that a policy of economic isolation (or protectionism) was proving costly and moved to…