On 17th January, Viscount Ridley asked Her Majesty’s Government “what plans they have to celebrate the bicentenary of David Ricardo’s principle of comparative advantage, and the case for free trade”. The Archbishop of York, Most Revd and Rt Hon John Sentamu, asked a follow up question.
The Archbishop of York Does the Minister agree that the principle of comparative advantage works only if trade is not only free but also fair?
Baroness Mobarik I absolutely agree with the most reverend Primate that there has to be free and fair trade. Those are very important principles.