Phil Eaton

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EFTA was (and remains) a minimalist organization, a reaction to the defects of Brussels rather than a genuine alternative. It was only ever a free-trade zone for manufactured goods; farm products were left to find their own price level. Some of the smaller member-states, like Austria, Switzerland or Sweden, could thrive in a niche market for their high-value-added industrial goods and their attraction for tourists. Others, like Denmark, depended heavily on Britain as a market for their meat and dairy products. But Britain itself needed a vastly larger industrial export market than its tiny ...more
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Postwar: A History of Europe Since 1945
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