In 1958, Britain and Denmark both advocated closer European cooperation through the looser framework of the Free Trade Area (FTA) rather than membership of the nascent European Economic Community (EEC). By 1972, however, the situation had changed drastically. The FTA was a long-forgotten concept. Its replacement, the European Free Trade Association (EFTA), seemed economically and politically inept. Now, at the third time of asking, both countries...