3 ms·
without the UK the EU is now the third largest (with the RCEP being first)
by blibble 6y ago
without the UK the EU is now the third largest (with the RCEP being first)
- adventured 6y agoThe US and China are now both larger than the EU economy. The RCEP isn't an internal market. In its ideal outcome it's a partial trade agreement, not all-inclusive. In its present condition, given relations between its members keeps getting worse, it's barely a functioning trade agreement at all. The odds are overwhelming it'll rip apart, and soon. See: China vs Australia & Co.