Trading insults
As a country, we’ve just flunked that test psychologists set for small children, offering them one marshmallow now, or two if they wait five minutes.
Prime Minister Jacinda Ardern decided delayed gratification wasn’t the right strategy for the much-anticipated European Union free-trade agreement (FTA) and returned from her travels with just the one marshmallow.
After a couple of days’ hearty talk about how marvellous the deal was, Trade Minister Damien O’Connor conceded, “It’s probably fair to say that no one likes it, so we probably have it about right.”
The trouble with settling for the bird in the hand in international trade is that it leaves
