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Originally Posted by jfman
Presumably exporting tariff free into the third largest economy (and the growth possibilities in Japan) is more appealing than exporting into the sixth?
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The size of the economy doesn't really mean anything. If depends on what and how much you export to them. A possible 0.2% increase in GDP isn't much when you balance it out against import duties that are no longer going into the EU budget.
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In its annual health check for the euro area, the Washington-based fund said economic growth across the 27 remaining EU states would fall by as much as 1.5% by 2030, if Britain falls back on World Trade Organisation rules for its trading relationship with the EU after leaving next year.
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