Is the European Union a 'protectionist racket'?

Is the European Union a 'protectionist racket'?

When it comes to trade with the rest of the world, the European Union is sometimes accused of having high barriers and protecting its own producers.
It's an allegation that some supporters of Brexit have been making for some time.
The charge has had something of resurgence in the light of the renewed debate about exactly what sort of customs arrangement Britain should have with the European Union in the future.
But does it stand up?
The EU does certainly have barriers to trade, and they do, one way or another, raise the cost of imported goods.
But every country on the planet has some sort... read more

31 May 2018 in Business, Views: 69
Source: BBC

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