This report by Michael Burrage would suggest that the single market has been somewhat of a hindrance to UK trade when compared to the common market years .Here's a few points from the report
Quote:
Exports of goods of the 12 founder members of the Single
Market to each other have been 14.6 per cent lower than they
would have been had they continued to grow exactly as they
had done under the Common Market, and are therefore
nowhere near the minister’s doubling claim
|
Quote:
UK exports of goods to the other 11 founder members have been
22.3 per cent lower, while to other OECD countries only 10.9 per
cent lower
|
Quote:
Exports of non-member OECD countries to the EU were just 2.05
per cent lower, and have therefore performed almost as well as
they did in the Common Market years.
|
Quote:
Thus the UK’s exports have grown and benefited least during
the Single Market, while those of non-member OECD countries
have grown and benefited most
|
Quote:
There is no evidence that the Single Market programme has
helped the exports of the UK or other founder member countries
to other OECD countries
|
http://www.civitas.org.uk/content/fi...andparadox.pdf