“Faced with the difficulties of unilateral reflation, some socialists are tempted to seek salvation through trade restrictions or competitive devaluation. But such beggar-my-neighbour policies, if pursued on the scale required…are more likely to lead to a trade and currency war than to insulate their sponsors from the recession in the outside world.”

— Denis Healey

Speech to the twelfth congress of the Confederation of Socialist Parties of the EEC in Paris (12 November 1982), quoted in The Times (13 November 1982), p. 3
1980s

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Denis Healey 32

British Labour Party politician and Life peer 1917–2015

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“No country would suffer more than Britain from an international trade war, since we depend more on world trade than any of our competitors. That is why we cannot accept the proposal made in some quarters that we should seek to solve our problems through imposing import controls for a long period over a whole range of manufactured consumer goods.”

Denis Healey (1917–2015) British Labour Party politician and Life peer

Speech http://hansard.millbanksystems.com/commons/1975/dec/17/employment in the House of Commons (17 December 1975)
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“Perhaps the removal of trade restrictions throughout the world would do more for the cause of universal peace than can any political union of peoples separated by trade barriers.”

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David Lloyd George (1863–1945) Former Prime Minister of the United Kingdom

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“The Trojan War without Homer was nothing more than a battle over trade routes.”

B. W. Powe (1955) Canadian writer

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