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> Secondly, why would the UK end up with a Norway or Switzerland deal, when the UK is the 5th largest economy in the world? As of now, France is the 5th larges
by _ph_ 10y ago
> Secondly, why would the UK end up with a Norway or Switzerland deal, when the UK is the 5th largest economy in the world?
As of now, France is the 5th largest economy of the world. The Pound collapsing has already bumped the UK down.
Yes, eventually there will be a relatively free trade agreement in place. But still the UK will have to abide to any European regulation, if they want to trade. Just that they do no longer get a vote on those regulations.
- mattmanser 10y agoFor just the exports to the EU. I've seen this view several times in the thread, but never acknowledging that it's a small part of the economy that will have to do that.
- _ph_ 10y agoEven the biggest economy of the world, the USA, is currently trying to negotiate a free trade agreement with the EU. Because they think everyone gains long term from such an agreement. It would be peculiar if England could do easily without one.