View Single Post
  #8268  
Old 25.03.2017, 03:35
Pachyderm's Avatar
Pachyderm Pachyderm is offline
Forum Veteran
 
Join Date: Feb 2012
Location: Zurich
Posts: 1,258
Groaned at 59 Times in 39 Posts
Thanked 2,449 Times in 865 Posts
Pachyderm has a reputation beyond reputePachyderm has a reputation beyond reputePachyderm has a reputation beyond reputePachyderm has a reputation beyond reputePachyderm has a reputation beyond reputePachyderm has a reputation beyond repute
Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

Quote:
View Post
Yet again....47% of UK exports go to the EU. 13% of EU exports go to the UK. Who's gonna hurt most?
And "yet again" can we point out that leaving the EU and (probably) the single market does not mean that we stop trading with the EU. Of course we will continue to buy their goods and they will continue to buy ours. There's no obvious reason for either side to want to take a hit by imposing hefty tariffs on the other.

The percentages may indeed change a bit if import-export rules change and make trade harder, but they are not going to go from 47% to zero, or from 13% to zero.

With the weaker pound, our exports are now tremendous value for money, so if anything we should expect to see our exports to the EU go up.
Reply With Quote
This user would like to thank Pachyderm for this useful post: