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And our economy grows slightly as we shift more stuff outside UK because the pricing becomes more attractive. Second order effect of course.
by keithpeter 10y ago
And our economy grows slightly as we shift more stuff outside UK because the pricing becomes more attractive. Second order effect of course.
- dmichulke 10y agoUnless you have a negative trade balance. In that case your import prices rise more in absolute terms than your export prices. UK has a negative trade balance of 5bn GBP http://www.tradingeconomics.com/united-kingdom/balance-of-trade http://www.tradingeconomics.com/united-kingdom/balance-of-tr...
- danieldk 10y agoUntil/unless the UK is removed from the single EU market.