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- How about UK businesses which DO NOT export and have to compete with low cost european countries instead? They will still need to compete against lower cost
by eyko 10y ago
- How about UK businesses which DO NOT export and have to compete with low cost european countries instead?
They will still need to compete against lower cost products being imported as it's highly unlikely that those goods will be heavily taxed once UK is out of the EU (and the EEA for that matter).
- How about UK employees which also have to compete with low cost labor from low cost european countries?
If the UK still intends to export to the EU (which accounts for a big chunk of the UK economy), they will still have to compete with low cost labour, but with the added cost of tariffs since they also want out of the EEA.