Re: UK & EU Agree Post-Brexit Trade Deal
Indeed, however their statistical analysis is compelling. If the single market in services is so good, how are so many of Europe’s major economies doing as well, if not better, selling their services outside the EU? It’s hard to argue with their conclusion: the regulatory regime really doesn’t create an especially advantageous marketplace for those selling services. And as more and more business is done online, it’s equally hard to see where the barriers to trade in services within the EU can exist. You hire someone online, they do the work. You send cash, they send output of whatever kind. All that actually crosses borders are electrons.
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