Danish whisky tax

Because drinking like your job doesn't pay too well...you might want to head to Denmark, where a reduction of almost half of the duty of whisky has cut prices substantially. it is now cheaper to buy whisky in "copenhagen than it is in Edinburgh." who would have thought. The severe reduction in tax on whisky will likely lead to an influx in whisky imports and domestic production as well as an influx in consumption. It also may well make surrounding states such as Sweden reduce their taxes to compete with the suddenly low prices of Danish whisky.
This small scale example gives us a view of what will happen with a sudden change in a duty (which are fairly uncommon) and it provides it in a field I am sure many can relate to. This change, especially before competing markets can catch up, will likely give a substantial boost to the Danish whisky market. Free-Trade for all and hope you enjoy the article. Here's the link, Drink up.
Martin D

european tariffs

this doesn't article is not directly about my country which is why i put two up, but it does deal with free trade in Europe which is always pretty interesting.
despite its proclomations to support free-trade, many european states still have heavy barriers against free trade in their countries. countries are trying to open their economies up fully, though some this could open them up to health risks and domestic agricultural problems. this is an interesting article which talks about the issue and the politics behind it. you can really see a real world example of what it is like to really open the world up to free-trade and who thinks what about it.
hope you read and enjoy! martin d