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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Replying to @hoongwaicheah
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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Replying to @panmisthropist
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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Replying to @hoongwaicheah
Uncompeteive by having a minimum wage, paid holiday, maternity lv, WTDs, environmental regs, pollution control, child labour laws you mean?
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Replying to @panmisthropist
Again: no. Why do you keep making assumptions?
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Replying to @hoongwaicheah
Because they are a natural consequence of your position. I would argue. You seem very confused.
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Replying to @panmisthropist
Not really. They are a consequence of your dogma.
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Replying to @hoongwaicheah
So now explain the actual benefits to the uk from being outside the CU. ones that outweigh the cons.
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Replying to @panmisthropist
Sigh, what's the point? We've already won the referendum. Here's something I prepared earlier:https://hoongwai1984.wordpress.com/2016/03/19/the-positive-case-for-brexit-2-a-cost-benefit-analysis-of-eu-membership/ …
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Replying to @hoongwaicheah
I've seen the quality of your work already thanks.
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That's fine. Then stop saying I didn't provide an answer.
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Replying to @hoongwaicheah
You haven't explained how being outside the CU will benefit us. You've only made some dubious technical claims about competitiveness
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