BREXIT AND THE ECONOMY

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Description of the economical consequences that Britain could face if they left the European Union.

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Marita Matesanz

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1	Marita Matesanz 1 de Febrero de 2017	% 100	01:08
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Completar Frases BREXIT AND THE ECONOMYVersión en línea Description of the economical consequences that Britain could face if they left the European Union. por Marita Matesanz 1 could deals Norway economy investment decide Unfortunately Britain negotiate exports income important EU - People are saying that Britain's will suffer if we vote to leave the European Union , but is that really true ? - Well , the European Union is Britain's most trade partner . It buys 44% of our exports and supplies more than half of our imports . - So leaving would hurt us . . . - Well , yes , I mean , our to the EU are worth 13% of GDP . - Couldn't we vote to leave the but keep free access to their market ? Isn't that what Norway does ? - Well , we could copy Norway but there will be strings attached . - What strings ? - Norway has to submit to Brussel's regulations . has to keep its borders open to people from the European Union . - I see . - And Norway has to pay for its deal with the EU . - Contribute to the budget without being a member , that sounds like taxation without representation . - I suppose you call in that . - What about Switzerland or even Canada ? I've heard Boris talking about that . Couldn't we follow what they do ? - Switzerland and Canada have done with the EU , but they don't get special access to the market for financial services which are an important British export . - But we would still be a member of the World Trade Organization . Wouldn't that protect our right to sell stuff to Europe ? - , the WTO doesn't do much to protect free trade for services , which account for 70% of our economy . - But couldn't Britain a better deal than Norway's or Switzerland's ? After all , the EU would be desperate to do a deal with us . It sells more to us than we sell to them . - Actually , we would be the desperate ones . They export more to us but they are bigger so their exports to us account for only 3% of their national , meanwhile our exports to the EU are worth 13% of our national income . - So , bottom line , what would happen to our economy if we voted to leave the EU ? - We would trade less and we would attract less foreign since we could no longer promise hassle - free access to the EU . - So should stay in the European Union ? - It's your vote . You . This videographic is sponsored by InFacts . org , a journalistic enterprise , making the fact - based case for Britain to stay in the EU . For more InFacts , go to InFacts . or g

Completar Frases

BREXIT AND THE ECONOMYVersión en línea

Description of the economical consequences that Britain could face if they left the European Union.

could deals Norway economy investment decide Unfortunately Britain negotiate exports income important EU

- People are saying that Britain's will suffer if we vote to leave the European Union , but is that really true ?
- Well , the European Union is Britain's most trade partner . It buys 44%
of our exports and supplies more than half of our imports .
- So leaving would hurt us . . .
- Well , yes , I mean , our to the EU are worth 13% of GDP .
- Couldn't we vote to leave the but keep free access to their market ? Isn't that what Norway does ?
- Well , we could copy Norway but there will be strings attached .
- What strings ?
- Norway has to submit to Brussel's regulations . has to keep its borders open to people from the European Union .
- I see .
- And Norway has to pay for its deal with the EU .
- Contribute to the budget without being a member , that sounds like taxation without representation .
- I suppose you call in that .
- What about Switzerland or even Canada ? I've heard Boris talking about that . Couldn't we follow what they do ?
- Switzerland and Canada have done with the EU , but they don't get special access to the market for financial services which are an important British export .
- But we would still be a member of the World Trade Organization . Wouldn't that protect our right to sell stuff to Europe ?
- , the WTO doesn't do much to protect free trade for services , which account for 70% of our economy .
- But couldn't Britain a better deal than Norway's or Switzerland's ? After all , the EU would be desperate to do a deal with us . It sells more to us than we sell to them .
- Actually , we would be the desperate ones . They export more to us but they are bigger so their exports to us account for only 3% of their national , meanwhile our exports to the EU are worth 13% of our national income .
- So , bottom line , what would happen to our economy if we voted to leave the EU ?
- We would trade less and we would attract less foreign since we could no longer promise hassle - free access to the EU .
- So should stay in the European Union ?
- It's your vote . You .

This videographic is sponsored by InFacts . org , a journalistic enterprise , making the fact - based case for Britain to stay in the EU .
For more InFacts , go to InFacts . or g

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BREXIT AND THE ECONOMYVersión en línea

por Marita Matesanz

could deals Norway economy investment decide Unfortunately Britain negotiate exports income important EU

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