07-01-19, 07:39 PM
Also, what does all this actually boil down to at the end of the day.
It’s a trade negotiation.
So what are trade negotiations?
They are negotiations that set common rules in order to smooth the flow of trade. The intention is to increase trade to the benefit of both parties.
So what is different about BREXIT?
It’s probably the first trade negotiations in the history of modern economics were the goal at the end of the day is to make trade more difficult. It’s moving from an unrestricted single market, to something not quite as good. Inevitably there will be an impact on trade.
It’s a trade negotiation.
So what are trade negotiations?
They are negotiations that set common rules in order to smooth the flow of trade. The intention is to increase trade to the benefit of both parties.
So what is different about BREXIT?
It’s probably the first trade negotiations in the history of modern economics were the goal at the end of the day is to make trade more difficult. It’s moving from an unrestricted single market, to something not quite as good. Inevitably there will be an impact on trade.