No. But a 2% tariff and 10% devaluation of the pound sees the UK fine.
Straight in with the abuse because you don´t like the answer. Sorry petal.
Can I prefix my answer to repeat I'm voting IN.Thank-you. I appreciate your answer.
It's 10% on cars apparently.
What happens to the cost of imports to the UK when the pound drops by 10%? How much do you think prices would rise by here in the UK if imports cost 10% more *AND* are subject to import duty of say 2% (let alone 10%).
Do you think these price increases will be noticed by people at the bottom end of the pay scale?
Yes, through negotiation. I think they will probably have little choice. They will be underfunded with our money leaving. There needs to be a bit more work done on the import vs export figures, for example, how much do we import from Romania and Estonia as opposed to Germany and France? If we lost the former eastern block countries I doubt very much whether the figures would change markedly, though TBF I have NOT researched that, it is my gut reaction. So yes, I think the industrial developed countries could not afford to lose our custom.Let me ask you this simple question, and please would you do me the decency of answering it with a simple yes or no? Then by all means ask me my question you like. But I'd really appreciate it if you didn't just duck my question by asking a question in return. Are you up for it? I hope so, because anyone so sure about which way to vote should surely have the confidence in their decision, to be able to answer a simple question.
Ok, here goes:
Question: if we leave the EU, stop paying the £350m per week, stop allowing EU citizens automatic right of entry to the UK and stop adhering to EU laws, do you think the EU will allow us unrestricted access to their markets without fees or tariffs? Yes, or no?
Bear in mind that if yes, they agree to give us more favourable terms than any other country in the EU, or the world. Yes, or no.
The important thing is that you have confidence that the government that is in power and dealing with the aftermath of a Brexit vote is sufficiently competent to deal with the many variables that will arise. And that you believe that they will take the country in your preferred direction, domestically as well as in respect of the relationship they forge with the EU.
A competent government can be expected to make a success of Brexit. An incompetent government will be disastrous.
We pay £350m per week to have no tariffs.Yes, through negotiation. I think they will probably have little choice. They will be underfunded with our money leaving. There needs to be a bit more work done on the import vs export figures, for example, how much do we import from Romania and Estonia as opposed to Germany and France? If we lost the former eastern block countries I doubt very much whether the figures would change markedly, though TBF I have NOT researched that, it is my gut reaction. So yes, I think the industrial developed countries could not afford to lose our custom.
Anyway, a question back at you (you said I could) how is having zero tarrifs better terms than we already have? How much are we paying in tarrifs now?
Yes, through negotiation. I think they will probably have little choice. They will be underfunded with our money leaving. There needs to be a bit more work done on the import vs export figures, for example, how much do we import from Romania and Estonia as opposed to Germany and France? If we lost the former eastern block countries I doubt very much whether the figures would change markedly, though TBF I have NOT researched that, it is my gut reaction. So yes, I think the industrial developed countries could not afford to lose our custom.
Anyway, a question back at you (you said I could) how is having zero tarrifs better terms than we already have? How much are we paying in tarrifs now?
We pay £350m per week to have no tariffs.
So how are they going to cope without that money? I don't think they will. And seriously, about our exports and imports to the formers Eastern European countries, how much trade is done there and how much with the core countries. I don't think it will be as easy to impose tarrifs as many on here are thinking... and if they do I don't think they will be over excessive, I don't think they can be, they can't take the risk!We pay £350m per week to have no tariffs.
Well I think our exit and money being taken away will affect then big time, but it may be unrealistic who knows? That said, one step at a time eh, let's get out, then let's deal with the exit negotiations, though you are right we should be preparing the ground in advance.Thanks for the answer. I think you're being completely unrealistic if thats your view. The EU would be offering the UK and every other country an *incentive to leave* by offering those terms. It's NEVER going to happen.
How much are we paying in tariffs now? Zero. The net cost to the UK of EU membership is as we now know is £9bn per year, which is paid centrally by the government and funded through taxation of the entire UK. It is not borne specifically by exporting businesses in the UK.
You're correct, that's the nett figure, but we do give an additional £86m a week that we get back.... but we are told where we must spend that money. It just doesn't seem right to me.£173m per week.
Yes! I was only answering your question. Fine if you think different. I don't think the EU countries are in a fit state to take any kind of cut, but hey... We shall see. Personally if we vote to leave I think there will be other countries citizens demanding the same choice. It is more than just about the financial hit. Trust me!£173m not £350m, spread between 27 countries? £173m is the net receipts to the EU. How will they cope? Are you joking?
The EU's GDP is roughly 14 trillion pounds. Or £269,230,769,230 per week. The net loss to the EU would be 173/269,230,769,230 = 0.000000064%
And you are asking how they will cope???
Yes! I was only answering your question. Fine if you think different. I don't think the EU countries are in a fit state to take any kind of cut, but hey... We shall see. Personally if we vote to leave I think there will be other countries citizens demanding the same choice. It is more than just about the financial hit. Trust me!
His figures don't include the trade deficit.Yes! I was only answering your question. Fine if you think different. I don't think the EU countries are in a fit state to take any kind of cut, but hey... We shall see. Personally if we vote to leave I think there will be other countries citizens demanding the same choice. It is more than just about the financial hit. Trust me!
That's still way out matey. Sorry.Very embarrassingly and in my haste, I buggered up the maths (sorry). In quite a bit way, like 1 millon fold out. Oops.
But the logic holds, they would lose 0.064% of their GDP if we stopped paying in. They'd still "struggle on" I think.
Sorry again for messing up the figures though.
Yep. The three most powerful.Just started looking at this. In 2013 (latest stats I can find) 50% of our exports to the EU were with our three largest trading partners, the remaining 50% was with the other 24 nations. That could prove to be significant could it not. I am guessing but I think it will be Germany, France and Spain...? I will look further into thud, in the meantime, here's a link to the EU site i took the info from.
http://ec.europa.eu/eurostat/statistics-explained/index.php/Intra-EU_trade_in_goods_-_recent_trends
That's still way out matey. Sorry.
The amount we pay in £173m per week doesn't count towards their GDP.
The huge trade deficit does though.
I doubt that the EU are all that bothered about the loss of the UK's budgetary contribution or the trade deficit. Those figures would pale into insignificance compared to the general economic consequences of Brexit, the impact on GDP across the EU. The EU's response to Brexit will initially be focused on trying to prevent financial meltdown and recession rather than worrying about negotiating a trade deal with the UK.