We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The EU debate
Comments
-
You'd pay a load more in tax on those pruchases.
Why?No you don't. The UK basically trades with the EU and the USA. In the EU she pretty much trades with the Dutch and Irish.
Key point there that we're not free to establish trade deals with emerging global economies whilst bound by the EU.0 -
Is that correct?
Does being in the EU really not allow negotiating trade deals with non members?
Doesn't sound right.
The EU already has or is currently negotiating trade deals with most countries in the World that we'd want to negotiate a deal with.
When you are part of a free trade area, you obviously cannot then negotiate separate free trade deals, it would make no sense to have 27 small countries each trying to negotiate their own deals with China when the EU can negotiate as one large block and get better terms due to market size.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »The EU already has or is currently negotiating trade deals with most countries in the World that we'd want to negotiate a deal with.
When you are part of a free trade area, you obviously cannot then negotiate separate free trade deals, it would make no sense to have 27 small countries each trying to negotiate their own deals with China when the EU can negotiate as one large block and get better terms due to market size.
But what if one nation feels they can get a better deal, due to say having something that China really want, are they actually barred from directly negotiating?0 -
But what if one nation feels they can get a better deal, due to say having something that China really want, are they actually barred from directly negotiating?
Any nation can trade directly with any other nation. The EU doesn't stop you doing that. What you can't do is separately negotiate a trade agreement that gives access to goods directly into the free trade zone of the EU on different terms to what the EU has negotiated. That would be daft, and no free trade area in the world allows it.
In practical terms, being a member of any free trade agreement gives you collective bargaining powers, and a market of 500 million people will always have more bargaining strength than a market of 60 million people.
It is nonsense to suggest that the UK could negotiate better terms across the board than the EU. Even if there were very rare occasions where it could with an individual country, that would be at the cost of having worse terms with many more countries.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
But what if one nation feels they can get a better deal, due to say having something that China really want, are they actually barred from directly negotiating?
yes absolutely
any deal must be EU wide with no if or buts otherwise one country would have an 'unfair' advantage
this was exactly why Uk had to abandon it's trade agreements with NZ and other commonwealth countries when we joined the EU in favour of high priced EU food.0 -
Sounds crazy to me.0
-
Sounds crazy to me.
It also strikes me that as the block gets bigger it becomes less competitive.
So we might get a block of 500 million people but we also get the inherent baggage associated with them. We must also take the bad bits that we don't need. those 27 states include many basket cases."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
It does appear the more questions one asks, the less attractive the whole thing sounds.
Still can't get any logical answer as to why the whole adminstration spend millions every month shifting the whole thing from Brussels to Strasbourg. I am truly baffled on this one.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards