What's your timeframe for negotiations for all our new FTAs and what do exporters do in the meantime?
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And 'distortion' in this case means cheaper goods and easier trade. What happens to JIT outside the CU. it employees over 2 million
cheaper and easier within the CU. dearer and harder outside the CU. Hence the distortion toward CU trade. What do you mean by JIT?
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Just in Time.
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Explain why JIT production would be affected
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Oh fuck. Seriously?
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Oh yes, seriously. Take your time.
End of conversation
New conversation -
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So cheaper and easier trade within a bloc of 600 million people is bad? You'd rather go head to head with China?
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Being uncompetitive is bad. It means you lose the economic competence to go head to head with BRIC. Protectionism is harmful in the long run
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Eu already trades with BRIC.
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So no problem going head to head with BRIC then?
End of conversation
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