The Mudcat Café TM
Thread #164605   Message #3965181
Posted By: McGrath of Harlow
06-Dec-18 - 09:47 PM
Thread Name: Brexit #2
Subject: RE: Brexit #2
"The economics is straightforward. When trade barriers between the UK and the EU go up, British producers will sell less to the EU and will sell more within the UK and to the rest of the world."

Nothing straightforward in that, even if it might be true. The implication in that sentence would appear to be that the less to the EU and the more to the UK and the world would balance out, but there is no reason whatsoever to assume that.