Skip to comments.The European Union Hasn't Made Any Difference At All To Britain's Trade
Posted on 05/05/2014 8:39:43 AM PDT by mac_truck
One of the standard arguments about Britains membership of the European Union is that its vital that we stay in because so much of our trade is with other European Union countries. Implicit in this is the claim that this is a result of our being in the EU. The dropping of trade restrictions resulting from the Single Market rules for example. The problem with this argument is that it depends upon an empirical claim: that Britains trade with the European Union countries has increased since the foundation of that Single Market. And it turns out that that doesnt seem to be true:
Over the 40 years of EU membership, for all the costs and obligations incurred, for all the treaties negotiated, and for all the immense amounts of time and anguish spent arguing about various aspects of the EU project, the proportion of UK exports going to the UKs future EU partners has changed hardly at all, he said.
While the share of UK exports to fellow EU members has been virtually stable, the share going to non-members in Europe has risen steadily, leading one to suspect that both insider advantages and outsider disadvantages are imaginary.
(Excerpt) Read more at forbes.com ...
Maggie was right... always!!
The EUSSR socialist hoax... “you will all trade freely together without borders of your own... just of ours like in prison”
She was right indeed... it was treason disguised as an attack on “isolationists”... hmmm .... where did we see such language before? Oh, right,Bush’s NAFTA and support for illegals.