Quote:
Originally Posted by finnbow
The EU is not a country, like China or Brazil. It is a voluntary political and economic union of 28 member states established to create an internal single market through a standardized system of laws that apply in all member states for the sake of rationalizing trade and reducing transaction costs. Harmonized laws and standards pertinent to trade and commerce are essential to such a pact.
On balance, the general consensus of UK and world economists are that Brexit will negatively impact the UK. Time will tell. Here's an interesting read on the subject.
http://www.ft.com/cms/s/2/0260242c-3...9b15a8ee7.html |
Brexit is more than Pounds, shillings and pence.