Has the EU sacrificed sensitive sectors in liberalising trade in goods?
Trade liberalisation automatically creates winners, but also losers: this is especially true when sensitive sectors are exposed to liberalisation and disrupted due to foreign competition. For instance, although the European Commission pledged to protect the most sensitive agricultural sectors (e.g: pork, beef), it opened to Canadian producers new duty-free quotas. In general, the Parties’ concessions regarding trade in goods are contained in Chapter 2.
Pros and Cons