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Old 05.12.2016, 18:04
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marton marton is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Tarifs will effect the EU more than the UK, with over 10% fall in the £ a 10% tariff of sales is irrelevant & will cost exporters ZERO. Being that you can't increase the price of a commodity item by 25% most of the tariff & currency loss will have to be paid for by the foreign company selling to the UK.

It's really very easy if you understand how the market works.

The lower priced £ has been very profitable for exporters to date, it's a win win situation regardless.

Free movement is fairly useless to 90% of the UK population as they only speak English, being many Europeans speak almost fluent English. I moved to CH before free movement, if you had some special skill you could move.
"Free movement is fairly useless to 90% of the UK population" Last year the UK sold more services to the EU than we imported.
If the supply of these services require UK people to travel to the customers then FMOP or easy access to visas is essential.

"The lower priced £ has been very profitable for exporters to date" Presumably, since I have not seen any reduction here in the prices of British goods.
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