Quote:
Originally Posted by OLD BOY
We will still be trading with the EU more or less as we do now, so why is that significant?
And what the US, China and India want and what they get will be two different things. It's strange that some people believe that we would sign up for something that disadvantaged us. Why would we do that?
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You have no idea what our trade terms will be, so lets put that assumption to bed straight away.
---------- Post added at 15:42 ---------- Previous post was at 15:39 ----------
Quote:
Originally Posted by Carth
Wanting and Getting are two different things.
If these countries have a surplus which they want to sell to us, they do it on our terms. If they don't like that, they can simply reduce their output
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A very simplistic way of looking at it... you missed out the other part of the equation which is 'demand'
I'd be willing to wager that in trade talks with the major economies we will pretty much have terms dictated to us...