Don't confuse economic growth with volume of our trade....45% EU; 9% all BRICS combined..
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Ask a retailer to risk pissing off 45% of their nearby & stable customer base to chase growth in distant volatile mkts. Crazy.
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Totally right!! Well said!
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The conclusion I come to, that you don't want to lose face! You must know in heart you're wrong! If not, worryingly ill informed to be an MP
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Also am not sure how % increase in global growth will impact loss of preferential trade with EU without instant deals/free trade agreements?
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That's the simplistic way
@bernardjenkin thinks! It's all going to be so quick and easy to get all of these trade deals
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Which is why the EU has signed 295 trade agreements with other countries. All of which cease to apply the moment we leave.pic.twitter.com/WP24mjgMA4
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Source? Concluding trade deals could boost EU's GDP by 2 per cent http://europa.eu/rapid/press-release_MEMO-12-587_en.htm?locale=en …
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Including the U.K.
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But Euro and global trade are not mutually exclusive as you well know
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There is no evidence that UK will make more and better trade deals outside EU than as a member.
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Meanwhile Brexiteers rely on two faulty lifelines: 1 EU will allow free access 2 UK doesn’t need free access. Time is running out for Brexit
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Since most non-EU countries are poorer, I would be more worried if they weren't "catching up".
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Read this table and then get back to me. https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html …
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Countries in BRICs are catching up
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Most of those in the table above the EU average, aren’t in the EU.
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The growth in world GDP and trade will come from "catching up" economies. This is not surprising.
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