Guy Verhofstadt has decided to take time out from politicking to be a President of Europe to teach us all about the merits of free trade agreements. In which he entirely and absolutely fails the trade module of his Economics 101 course. Sure, par for the course for a federast but still, amusing that he parades his ignorance in the national press.
The error is this:
The real global trading power, of course, is the EU, which has recently concluded trade deals with Japan, South Korea and Canada.