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Old 27.01.2020, 22:42
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TonyClifton TonyClifton is offline
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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The EU has 40 free trade deals with 70 countries, how many do you think they would have if they were not so "poor at making trade deals"?

Who do you think is "not poor" at making trade deals?
The US?; 14 deals with 20 countries.
Japan?; deals with 14 countries.
China?; has 16 free trade deals
South Korea?; has 16 free trade deals

You appear to show a severe misunderstanding between "value" and "number"! I could own 10 Opel Corsas, and they wouldn't have the same value as a Lamborghini! The GDP of all the countries with which Japan has free trade agreements with is larger than that of the EU, same goes for South Korea, same goes for Australia, same goes for Canada, same for goes for Switzerland! And soon to be the case for the UK!

It's similar logic to the people who think that the UK leaving the EU is just 1 of 28 member states leaving. Guess what, it isn't! The UK has the same GDP as the smallest 18 countries COMBINED!

The bottom line is the EU has been really poor at making trade deals with countries worth making trade deals with, like the US, China, India, Australia etc. basically because the EU is anti free trading capitalism and ultra protectionist.
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