There's nothing propagandistic in being taught that Britain saved the world in WWII. It's the truth.
Brexit trade vow: Australia confirms HUGE trade deal will be SIGNED 'the day Brexit e
- Thread starter White_Unifier
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There's nothing propagandistic in being taught that Britain saved the world in WWII. It's the truth.
They compete against you for a lot if that list. There we I'll be no benevolent "Let's bail out Blighty" trade.
1) They don't need to bail us out. We're doing fine.
2) No country, including Britain, will surely agree to a trade deal that isn't benevolent and beneficial to it in any way. The whole point of a trade deal is that it's beneficial to you.
Free trade between any country is good of course, but trade with some countries is more advantageous than with others. Just two among many influencing factors are population and distance. China has a disadvantage over the Netherlands and France in terms of transportation distance but an advantage population-wise. To compare apples and apples, how about comparing trade between the UK and the Netherlands and France and the UK and maybe a Chinese province or prefecture with roughly the same population?
You want to encourage trade in tobacco? Hmmm... For the other things, yes I agree. But you see tobacco as a good thing?
Yes you should pursue trade with the world, and that should include the EU.
Even if they compete now, free trade might encourage each side to specialize in what they each do best over time.
Er... no. The whole point is that the overall benefit to both sides outweighs the potential drawbacks to both sides. Otherwise, why would the other side sign it?
Does this mean the Aussies will allow an internet connection to Britain once the trade pact is signed? This is huge!
Distance has never been a big factor in trade. Countries have always traded with far away countries and have done for millennia.
What's what with trading tobacco? It's a luxury enjoyed by millions of people around the world. In 2016, Britain exported over £41 million worth of tobacco to Poland alone.
One reason Britain has left the EU is, like every country in the world bar the EU ones, to strike its own trade deals around the world rather than only being part of EU-wide trade deals with other countries that are made on our behalf by foreigners whether they benefit Britain or not.
Britain nor Australia nor any other country would sign up to a trade deal that doesn't benefit it.
Huge trade deal? This is Australia - hardly a world leader in trade. Now if it was with the US or China it would really be something. Currently the UK trades more with Latin America than it does with Australia. More to the point, eight of its top ten trade partners are in the EU. What is going to happen to that?
What makes you think there will be a drastic decline in EU trade? There a number of European countries that are not part of the EU but still trade on the continent.
Not really.You would be speaking German without help from Canada and the US.
Nothing , the British companies trading in continental Europe will continue to do so and European companies that trade in Britain will also continue . You guys always miss the point that countries don’t trade with other countries , companies do.
It might not drop drastically, but probably more than trade with Australia will increase. So Australia won't compensate for the loss, at least not on its own. As for non-EU states, most are still within the trading block which is a closed-off trading block. This means that they have to impose tariffs on outsiders just as EU states do... or leave the block. Free movement of people comes with that deal.
Correction. Since the EU is a trading block, all member-states of the EU bloc (which includes some non-member states of the EU, the trading block extending somewhat beyond its member states as per trade agreements) must tax UK imports as per the EU's tariff rules.
Maybe, this is the EUs big opportunity to become free traders. What are the chances?
The good news for the UK is that it can still remain a member of the European Free Trade Association, the member states of which (including all states of the EU trading bloc) enjoy a certain degree of free trade with one another. However, that agreement is primitive compared to the EU trading bloc. It might keep tariffs down somewhat. But in the modern world, most tariffs are quite low already and as the economy becomes ever more complex, modern trade agreements try to reduce non-financial barriers to trade like different regulatory barriers and standardization of advertising, packaging and labeling rules, health rules, etc.
That is one problem with the EU. It allows totally free trade within the bloc (which is a good thing) but then tends to restrict trade outside the block too much.
The UK leaving the bloc might give the EU a wake-up call which could be a good thing for it.
In the mean time, the best the UK can do is to follow Singapore's example and become global traders.
That is one problem with the EU. It allows totally free trade within the bloc (which is a good thing) but then tends to restrict trade outside the block too much.
The UK leaving the bloc might give the EU a wake-up call which could be a good thing for it.
In the mean time, the best the UK can do is to follow Singapore's example and become global traders.
You really must learn to stop splitting hairs and learn to read as well. There is no use of the word "may" in the post you quoted.