3 ms·

The idea of "clout" is an incorrect belief that is not supported by the data: http://www.civitas.org.uk/press/no-benefit-for-uk-trade-from-eu-collective-clout

• Spearchucker 10y ago
  Thanks for that, interesting observations. Still sceptical though (not saying you're wrong), given the UK huge trade deficit and now a weak £.
  • msabalau 10y ago
    A weak pound makes british products more affordable to foreign consumers,which should partially mitigate the trade deficit.
    • dragonwriter 10y ago
      > A weak pound makes british products more affordable to foreign consumers And foreign goods less affordable to British consumers... > which should partially mitigate the trade deficit. Indeed.