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Empire Free Trade
The Empire Free Trade Crusade was a political party in the United Kingdom. It was founded by Lord Beaverbrook in July 1929 to press for the British Empire to become a free trade bloc. The group was founded to oppose both the Labour minority government, elected in 1929, and Conservative leader Stanley Baldwin's protectionist policies, which they viewed as an insufficient answer to their demands for "fiscal union of the Empire" (with stiff barriers against goods from rival trade blocs),Anne Chisholm and Michael Davie (1992). ''Beaverbrook: A Life''. London, Hutchinson. a more extreme version of Imperial Preference. Beaverbrook began enrolling members at the end of 1929, after concluding that Baldwin would not be won over to his aim. In 1930, he briefly joined Lord Rothermere's United Empire Party, and the two parties worked together thereafter. A party youth group for under-25s, the Young Crusaders, was launched on 16 April 1930 in London. In October 1930, Ernest Taylor stood f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Trade
Free trade is a trade policy that does not restrict imports or exports. It can also be understood as the free market idea applied to international trade. In government, free trade is predominantly advocated by political parties that hold economically liberal positions, while economic nationalist and left-wing political parties generally support protectionism, the opposite of free trade. Most nations are today members of the World Trade Organization multilateral trade agreements. Free trade was best exemplified by the unilateral stance of Great Britain who reduced regulations and duties on imports and exports from the mid-nineteenth century to the 1920s. An alternative approach, of creating free trade areas between groups of countries by agreement, such as that of the European Economic Area and the Mercosur open markets, creates a protectionist barrier between that free trade area and the rest of the world. Most governments still impose some protectionist policies that are inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
