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Do You Agree That Uk Will Suffer More Than Other Single Eu State, If No Trade Deal On Brexit As Each Eu States Do Not Have Uk As Its Largest Export Market.
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About 50% of UK exports goes to the EU (27 other states), hence UK will suffer more than other single EU state, if no trade deal on Brexit.
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Ah but, you've forgotten the reciprocational depreciation factor of imports against exports. EU to U.K. Will be most manufacturing at 10 beloads the minimal thresholding. Aaah lovely profiteroles.....but not for the indiginants or their Spousels. So not to count chicken legs before all the eggs hatch. And that won't happen until first past the post Brexitations. As you well know!
I'm unsure why that is an issue. One might as well say every UK county will be hit even less. The relevant bit is the total hit to the EU compared to the UK. By splitting the question into single states you distort the situation. The fact is that it is in everyone's interest to get a deal, but should that not be the case it is the EU that fares worse. But not so much that this is worth spending time on.
Old_Geezer
Each country in the EU, is a sovereign state, considering their self interests - taking UK as an individual state and Germany as an individual state, should UK leave the EU 45% of UK's exports will have increased tariffs compared to less than 5% of Germany.
Should UK leave the EU & Scottish voters voted for Scottish independence in a referendum (followed by Walsh & Northern Irish voters) from UK - UK would have lost sovereignty of about half her land masses & surrounding islands & oceans.
Each country in the EU, is a sovereign state, considering their self interests - taking UK as an individual state and Germany as an individual state, should UK leave the EU 45% of UK's exports will have increased tariffs compared to less than 5% of Germany.
Should UK leave the EU & Scottish voters voted for Scottish independence in a referendum (followed by Walsh & Northern Irish voters) from UK - UK would have lost sovereignty of about half her land masses & surrounding islands & oceans.
Biggest losers will be Germany and France, make em blink first. Why do you think that they are doing most of the posturing. BMW, Mercedes, Audi, Volkswagen, Renault, Citroen, Chateau Vinegar, etc. etc. Spell out the preference for other products and watch em howl....
Oh and tell em fish prices just went treble if not purchased UK side, whilst sauerkraut and foie gras is banned in the UK forthwith.
Oh and tell em fish prices just went treble if not purchased UK side, whilst sauerkraut and foie gras is banned in the UK forthwith.
Togo,
Germany and France will not blink, as unity is strength. A weak Theresa May will do so, however.
Theresa May now a forced soft Brexiter having to rely on 13 Scottish Tory & 10 DUP MPs - a united UK, unlike Labour would need SNP MPs. Labour have to rely on DUP, SNP, Liberals, Green, independents, etc. to form a slim majority in the House of Commons.
Germany and France will not blink, as unity is strength. A weak Theresa May will do so, however.
Theresa May now a forced soft Brexiter having to rely on 13 Scottish Tory & 10 DUP MPs - a united UK, unlike Labour would need SNP MPs. Labour have to rely on DUP, SNP, Liberals, Green, independents, etc. to form a slim majority in the House of Commons.
During project fear in the referendum figures were bandied about a lot.
I cannot remember the figures but it stuck in my mind none the less.
Project fear: we export more to the EU than the rest of the world so would therefore lose more than the EU.
Debunk: project fear included goods that simply docked in the EU enroute to somewhere else. Which is not the same as trade to the EU.
I cannot remember the figures but it stuck in my mind none the less.
Project fear: we export more to the EU than the rest of the world so would therefore lose more than the EU.
Debunk: project fear included goods that simply docked in the EU enroute to somewhere else. Which is not the same as trade to the EU.
“Services are defined as intangible commodities such as the provision of legal & financial services from overseas.
In February 2013:
:: Total UK EXPORTS of services increased from £89.5 billion in 2010 to £97.3 billion in 2011.
:: Total UK IMPORTS of services increased from £42.1 billion in 2010 to £43.6 billion in 2011. [ONS; Feb 2013]
Hence UK’s net surplus in export of services alone to Europe on services is around 50% of £53.7bn (£97.3bn - £43.6bn) which is £26.83bn.”
Thanks awfully for that. All jolly good, riveting stuff. Perhaps you could address the query I raised earlier (which is all I have an issue with at the moment), namely:
You: "Also, around in a trade deal, UK will lose most of her £50bn pa trade in financial services with the EU."
Me: “Who told you that or how did you assume it? What's the basis for that assumption?”
Anyway, none of this matters. The UK is leaving the EU and whether that is with a good deal or no deal at all is really immaterial to me as I didn’t vote to leave for trade and economic reasons.
In February 2013:
:: Total UK EXPORTS of services increased from £89.5 billion in 2010 to £97.3 billion in 2011.
:: Total UK IMPORTS of services increased from £42.1 billion in 2010 to £43.6 billion in 2011. [ONS; Feb 2013]
Hence UK’s net surplus in export of services alone to Europe on services is around 50% of £53.7bn (£97.3bn - £43.6bn) which is £26.83bn.”
Thanks awfully for that. All jolly good, riveting stuff. Perhaps you could address the query I raised earlier (which is all I have an issue with at the moment), namely:
You: "Also, around in a trade deal, UK will lose most of her £50bn pa trade in financial services with the EU."
Me: “Who told you that or how did you assume it? What's the basis for that assumption?”
Anyway, none of this matters. The UK is leaving the EU and whether that is with a good deal or no deal at all is really immaterial to me as I didn’t vote to leave for trade and economic reasons.
Correct Cassa, miss out Hamburg, Amsterdam, Calais, Zeebrugge, Dublin etc. Get Liverpool, London, Bristol, Swansea, and all the other British ports up to speed again. Forget London though.
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Should pigs fly, the price of bacon would go up.
Pointless speculation.
We seem to be going around in circles. The issue isn't about individual States. Besides new agreements mean trade reduces to the EU and increases elsewhere where they know the value of making a trade deal without 'trying it on'.
Pointless speculation.
We seem to be going around in circles. The issue isn't about individual States. Besides new agreements mean trade reduces to the EU and increases elsewhere where they know the value of making a trade deal without 'trying it on'.
New Judge,
Yes I stated "around in a trade deal, UK will lose most of her £50bn pa trade in financial services with the EU."
I also stated earlier, "Europe accounts for 50% of the total value of UK exports of services[ONS; Feb 2013]"
I also stated, "Total UK EXPORTS of services increased from £89.5 billion in 2010 to £97.3 billion in 2011"
Hence total UK exports to the EU is half of £97.3 billion (i.e. £49 bn)
Many countries welcome Europeans and consider them to be cultured, as well as economically adequate & sophisticated). The majority of people emigrated from Europe to the British Isles, Australia, New Zealand, Canada, USA, etc over the centuries. Europeans are the ancestors of the majority of current Britons (including our monarch).
Yes I stated "around in a trade deal, UK will lose most of her £50bn pa trade in financial services with the EU."
I also stated earlier, "Europe accounts for 50% of the total value of UK exports of services[ONS; Feb 2013]"
I also stated, "Total UK EXPORTS of services increased from £89.5 billion in 2010 to £97.3 billion in 2011"
Hence total UK exports to the EU is half of £97.3 billion (i.e. £49 bn)
Many countries welcome Europeans and consider them to be cultured, as well as economically adequate & sophisticated). The majority of people emigrated from Europe to the British Isles, Australia, New Zealand, Canada, USA, etc over the centuries. Europeans are the ancestors of the majority of current Britons (including our monarch).
Togo,
Currently UK does not employ unskilled non-EU workers. On Brexit, HMG (on brexit) is required not to be discriminatory in offering work permits to unskilled workers (be they from the EU, commonwealth, non-EU).
Future Labour HMG could well prefer to welcome commonwealth unskilled workers, rather than EU unskilled workers. Hence the proportion of unskilled non-EU workers could increase at the expense of unskilled EU workers.
Currently UK does not employ unskilled non-EU workers. On Brexit, HMG (on brexit) is required not to be discriminatory in offering work permits to unskilled workers (be they from the EU, commonwealth, non-EU).
Future Labour HMG could well prefer to welcome commonwealth unskilled workers, rather than EU unskilled workers. Hence the proportion of unskilled non-EU workers could increase at the expense of unskilled EU workers.
“Hence total UK exports to the EU is half of £97.3 billion (i.e. £49 bn)”
Yes I know that and don’t disagree (or at least cannot be bothered to).
“UK will lose most of her £50bn pa trade in financial services with the EU."
So I’ll ask just the one more time (because I’m going to bed) – WHY do you say that? What basis is there for that assertion? Please don’t make wild assertions without some sort of backup. Nobody knows how much (if any) of its services exports the UK will lose after Brexit. What makes you say we will lose “most of it”.
Yes I know that and don’t disagree (or at least cannot be bothered to).
“UK will lose most of her £50bn pa trade in financial services with the EU."
So I’ll ask just the one more time (because I’m going to bed) – WHY do you say that? What basis is there for that assertion? Please don’t make wild assertions without some sort of backup. Nobody knows how much (if any) of its services exports the UK will lose after Brexit. What makes you say we will lose “most of it”.
//On Brexit, HMG (on brexit) is required not to be discriminatory in offering work permits to unskilled workers //
Required? Required by whom? Independence means just that, we are not obliged to blindly obey every EU Diktat. I think the EU is about to wake up to the "flow of unskilled worker", don't you?
Required? Required by whom? Independence means just that, we are not obliged to blindly obey every EU Diktat. I think the EU is about to wake up to the "flow of unskilled worker", don't you?
No Zac, goods from the U.K. stopped somewhere within the EU before the cargo went onto the final destination somewhere else in the world.
What project fear we're saying is because goods stopped for a short while (perhaps for refuelling or change of transport mode or something) they were to the EU. It is a bit like saying someone flying to Austrailia for a months holiday has more holiday in Singapore because the plane stops for fuel then carried on its merry way to Australia.
What project fear we're saying is because goods stopped for a short while (perhaps for refuelling or change of transport mode or something) they were to the EU. It is a bit like saying someone flying to Austrailia for a months holiday has more holiday in Singapore because the plane stops for fuel then carried on its merry way to Australia.
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