Conservative Party Conference: Dr Liam Fox MP -Conference Speech

The video discusses Britain's historical role in global trade, highlighting figures like Adam Smith and the Royal Navy. It covers political influences, such as Sir Robert Peel's repeal of the Corn Laws, and the Conservative party's success. The shift of trade responsibility to the EU over the past 43 years is noted, followed by the impact of Brexit. The UK plans to refocus on trade, with Theresa May establishing the Department for International Trade, marking a new era in trade policy.

Which intellectual figure is noted for advocating free trade in Britain?

• Thomas Malthus

• David Ricardo

• Adam Smith

• John Maynard Keynes

What role did the Royal Navy play in Britain's trade history?

• It patrolled the world's trade routes.

• It only protected the British Isles.

• It focused on domestic trade routes.

• It was primarily involved in fishing.

Who was instrumental in repealing the Corn Laws?

• Benjamin Disraeli

• Sir Robert Peel

• Winston Churchill

• Margaret Thatcher

For how many years was trade not a primary responsibility for the UK?

• 53 years

• 33 years

• 43 years

• 23 years

What significant change did the UK decide on June 23rd?

• To abolish the Department for International Trade

• To leave the European Union

• To increase tariffs

• To join the European Union