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But not about its worth to the UK. The EU is by far the UK's largest market and still has a lot of growth potential (especially in the southern and eastern memb
by pimmen 9y ago
But not about its worth to the UK. The EU is by far the UK's largest market and still has a lot of growth potential (especially in the southern and eastern member states).
- coldtea 9y agoThey're some assumption here that because of Brexit UK will not be able to export to the EU? They'll sort it out just fine, just like the EU is trading partner with China and all kinds of countries that are not in the EU. In fact, the UK not being in the EU could give it extra leverage (on labor laws, taxes, etc) to attract businesses in the ways the EU could not. Like Ireland that got in trouble with EU for its tax breaks.
- pimmen 9y agoNo, they will be able to export under WTO rules just fine, with all the tariffs that entails which would favor importing from another EU member rather than the UK. That will hurt the UK a lot, especially the financial services.