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it has with an economy 6 times larger than our own.
We risk losing 45% of our export trade. Individual EU members risk losing no more than 2%-10% of their export trade each. The mere statement of "the consequences would be far worse for you than they would be for us" is astonishingly false.
Lol you can't switch between talking about the EU has a whole and the shitty little countries that it comprises of when it suits.
Either 6 times bigger than our economy and losing more trade than we are or smaller than our economy and losing less trade
Most of them obviously refuse to undermine their own EU membership and won't allow free single market access unless we accept free movement and continue to pay like everyone else does.
If we're lucky, we might get to continue with free movement of labour only, but even that will not necessarily be accepted.
Do you realise how big and important that 7.4% is to the German economy?
Some of that will be things like car components going to the BMW assembly plant in Cowley. BMW have already moved some car production to Holland and could easily move more.
Do you realise how big and important that 7.4% is to the German economy?
Do you realise how big and important 45% of the UK's export trade is to the UK economy?
I don't understand the supposed idea that Germany will bend over backwards to save 7.4% of their export trade, whilst apparently risking 45% of our export trade is no big deal.
If tariffs and quotas come in, then 54% of our imports become more expensive and our consumer prices go up, whilst 45% of our export trade becomes more restricted and less competitive.
No other country in the EU even comes close to being in that situation. It will affect 4-5 times more of our imports and exports than any other EU member. Be as optimistic as you like, but the EU has us over a barrel in these negotiations. It's as simple as that.
Or we might have something completely different, people are blinkered to keep bringing up free movement of labour, the main plank of the leave campaign was to gain control of our own borders, I don't think such a deal would gain public support.
Please for the love of god start comparing like for like. It's starting to get embarrassing.
You are comparing Germany export figures to the UK with the UK's export figures to the EU which comprises of 27 countries.
You don't seem to understand how this works.
If we could negotiate our own FTAs with individual EU members, then great. Problem solved. We could just sort out amazing trade deals with Germany, France, the Netherlands and a few others, and then who cares about the rest.
Unfortunately, we can't do that. It's a free trade arrangement with the whole EU, or it's no FTA at all.
And believe me, the EU will not budge on free movement.
Isn't there a big difference between free movement of people and free movement of labour?
You don't seem to understand how this works.
As an EU member, you are not allowed to negotiate independent trade deals with other countries. You can only arrange them with the EU which negotiates on behalf of everyone for a EU-wide FTA with the partnership country.
If we could negotiate our own FTAs with individual EU members, then great. Problem solved. We could just sort out amazing trade deals with Germany, France, the Netherlands and a few others, and then who cares about the rest.
Unfortunately, we can't do that. It's a free trade arrangement with the whole EU, or it's no FTA at all.
So for that reason, whilst every individual EU member risks disruption of only 3-10% of their export trade, we risk disruption to 45% of ours.
It will never just be a bad deal with only one of the EU members. It can only ever be the same bad deal with all 27, which make up 45% of our exports.
This has always been one of the main negotiating strengths of the EU. However, we are now unfortunate enough to be on the receiving end of it.
When Vodaphone, Nissan, BMW, the Banks and others relocate to the EU then our exports will reduce and our imports will increase.I understand perfectly well.
You seem to be under the impression that exports and imports to the EU are going to grind to halt. What do you know that I don't?
If a supplier stops supplying you, you find another supplier. If a customer stops buying from you, you find another customer. Businesses adapt, and if the EU play silly buggers, the UK will adapt too.
When Vodaphone, Nissan, BMW, the Banks and others relocate to the EU then our exports will reduce and our imports will increase.
Have you ever been involved in trying to get overseas customers?
'When'.
Again, who says they are going to move exactly?
They do, and we're only 6 days in.
Isn't there a big difference between free movement of people and free movement of labour?
Seriously.... do you not have any evidence so your resulting to inconclusive news reports which are only wrote to get advertising revenue from idiots that will read any junk and have very little academic or factual substance?
I hear all that you say about hits to the economy and other disasters awaiting us. And you may be right. In the short term there will be damage. But you underestimate the talent and entrepreneurial spirit of the Brits. Unfettered by the EU they will reach new trade deals with other countries, trade deals which the EU can't reach because it's so big and cumbersome and has so many competiting interests. It's possible that after a period of economic shock and adjustment we emerge much, much stronger, more happy and more wealthy.
It's just very, very, very basic common sense.
1). Businesses base their European operations here.
2). Single market access becomes disrupted and regulations change.
3). These businesses move their operations out of the UK and back into the EU which solves all of these problems.
Why on earth would so many businesses - which are based here within the EU, within the single market and within a consistent regulatory framework to serve the whole European market - NOT move back into the EU when we are completely cut loose?
Why would they keep their EU-wide operation bases outside of the EU and deal with all of the future uncertainty, passporting, carnets and regulatory problems that will bring?
Why stay when moving back into the EU dramatically reduces their own risk and dramatically reduces their own vulnerability to the effects of Brexit whilst putting them in a MORE favourable trading position with the majority of their own customers?
It's an absolute no-brainer.
Of course, all these problems would be solved if the UK remains in the single market and continues to align regulations, but like every other country, there's a price to pay for that. Like every other non-EU country with single market access, you pay into the budget, abide by legislation changes and allow the free movement of people. Even access with free movement of labour only has never been allowed before and may not be enough, but we'll see when that is proposed.
APW, the ability to recognise the extent of British resilience is not determined by where one was born.