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If I'm not mistaken UK is one of the larger economies, and therefore should have more influence over the negotiations than there smaller, and less significant c
by thevardanian 10y ago
If I'm not mistaken UK is one of the larger economies, and therefore should have more influence over the negotiations than there smaller, and less significant countries.
As for free movement of things, I believe it is in the best interest of the EU to allow lenient trade with UK, insofar as it doesn't damage its reputation as a legitimate institution.
However if reputation does take precedence over economic sense, then the UK has plenty of other new opportunities, on a global scale, negotiate trade freely with little EU intervention.
- Daishiman 10y agoIt was one of the larger economies; as it will now be an isolated island with no automatic access to the European market, it's value will be lost to a lot of businesses.
- thevardanian 10y agoWell yes, and no. It now depends all on how the trade deals are negotiated. What I'm arguing is that the UK has plenty of bargaining chips, and can trade elsewhere if it doesn't feel like it's getting a fair deal in the EU.
- tokensimian 10y agoExcept previously it was negotiating with a number of smaller entities. Now it will be negotiating with a block of them. The UK just willingly decreased their leverage so they had free will. Thank you, from all of America. You managed to be completely embarrasing in your 2016 election cycle, before we are really able to be shockingly shameful in front of you. Brits are polite to the end.
- yabatopia 10y agoTrade with whom? There aren't that many regions the world with a similar per capita income like the EU. The UK already trades extensively with the US and Canada, so that's an unlikely growth engine. Granted, the UK is a large economy, and may have some bargaining chips, but it needs the EU more than vice versa.
- thevardanian 10y agoI don't think so, nor do the UK people. Good trade deals can be achieved regardless of EU membership, unless UK is can be substituted, which, I don't think, it can.