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Old 27-06-2016, 15:18   #483
ntluser
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Re: Post-Brexit Thread

Quote:
Originally Posted by Pierre View Post
There are some on here that simply cannot get that around their simple minds
Given that a lot of professional economists have difficulty in dealing with it it's not really surprising that ordinary citizens find it difficult to understand the complexities too.

Being in the EU seems to mean having access to the single market and having voting rights on policy.

Being in the European Economic Area means that we can trade with European countries but have no EU policy voting rights.

From what I read President Obama didn't say which he was opting for. He just said America was working on a US-EU trade deal, though knowing the Americans they are thinking just of access to the EEA.
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