Unrestricted free trade

Sweden may recently have rejected the Euro but its neighbour Norway, going one better, has somehow managed to resist the charms of the European Union (EU) altogether. Not that Norway is insular, economically speaking. Its trade with the EU accounts for a far higher proportion of its overall trade than is the case with the UK, or even Germany. But Norway has often been slow to open up its industries to overseas competition – the restrictions on foreign ownership of its law firms being just one example.