The pattern of Europe’s trade is truly that of a workshop economy: big surpluses with US, UK. Deficits dominated by

The pattern of Europe’s trade is truly that of a workshop economy: big surpluses with US, UK. Deficits dominated by logic of cheap labour (China, Vietnam, Bangladesh) and energy/raw materials (Russia, Iraq, Kazakhstan, Libya, Malaysia, Nigeria).
trade.ec.europa.eu/doclib/docs/20… https://t.co/qfuZachGzn

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