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A New Trading Agenda for the Age of Globalisation. At a time when public opposition to joining the euro is increasing and a debate is emerging about the long term costs and benefits of Britain's membership of the EU, this paper presents a timely solution to Britain's somewhat strained relationship with the EU. Dr John C Hulsman, a senior policy analyst at the Washington-based Heritage Foundation, presents a compelling case for the advancement of Britain's trade interests through UK participation in a global free trade association. This would permit Britain to gain the benefits of freer trade whilst avoiding a constant battle with EU partners over ever-closer integration. To move the debate forward, and in particular to test whether or not Dr Hulsman's proposal is viable, the IEA asked four well-known writers on European issues to analyse the paper and write commentaries. These are followed by a response by Dr Hulsman. All the commentators are generally supportive of the Hulsman idea, though they offer a variety of critiques. This publication is timely and highly readable, and stands out in the discussions about Britain's relationship with the EU, not only by raising issues of real

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