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Post by Deleted on May 17, 2023 21:54:10 GMT
The problem with Brexit is Brexit itself and this is exacerbated by its supporters' fundamentalist view of how it should be implemented. Brexit gives precedence to this nebulous concept of taking back control over economic prosperity. Yet it is arguably, by its very nature alone, bad for the economy since it automatically raises trade barriers and creates trade friction. So the EU's Common Customs Tariff is a bad thing? It comes across as coy and cagey so why don't you expound on your question. |
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Post by Pacifico on May 17, 2023 22:02:24 GMT
So the EU's Common Customs Tariff is a bad thing? It comes across as coy and cagey so why don't you expound on your question. Sorry - thought it obvious. If raising trade barriers and creating trade friction is a bad thing then the EU's Common Customs Tariff which is the most restrictive in the world must be appalling? Yes?. |
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Post by Deleted on May 17, 2023 22:12:10 GMT
It comes across as coy and cagey so why don't you expound on your question. Sorry - thought it obvious. If raising trade barriers and creating trade friction is a bad thing then the EU's Common Customs Tariff which is the most restrictive in the world must be appalling? Yes?. That's alright. The merit of tariffs, friction, quotas depends on which side of the barrier you place yourself. |
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Post by Vinny on May 17, 2023 22:15:22 GMT
It comes across as coy and cagey so why don't you expound on your question. Sorry - thought it obvious. If raising trade barriers and creating trade friction is a bad thing then the EU's Common Customs Tariff which is the most restrictive in the world must be appalling? Yes?. You're talking to a fundamentalist cultist who hasn't come to terms with the 2020's yet. |
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Post by Pacifico on May 18, 2023 6:50:15 GMT
Sorry - thought it obvious. If raising trade barriers and creating trade friction is a bad thing then the EU's Common Customs Tariff which is the most restrictive in the world must be appalling? Yes?. That's alright. The merit of tariffs, friction, quotas depends on which side of the barrier you place yourself. Well as the purpose of free trade is imports then cutting yourself off from those imports is an act of massive self harm. Why would you do that? |
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Post by oracle75 on May 18, 2023 7:02:41 GMT
It has been clearly pointed out to you that trade depends on both imports and exports. Multiple times.
Why are you ignoring reality?
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Post by Pacifico on May 18, 2023 7:43:06 GMT
What a country gains from trade is the ability to import things it wants. Exports are not an objective in and of themselves.
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Post by oracle75 on May 18, 2023 9:34:59 GMT
FFS.
Exports create profits which pay for state supported benefits, internal investment and infrastructure through tax.
Economics 101 repeated.
Ans where do you think the money comes from to pay for imports?
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Post by Vinny on May 18, 2023 9:59:55 GMT
She doesn't understand and won't.
Dunning Kruger syndrome is strong with this one.
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Post by oracle75 on May 18, 2023 10:27:15 GMT
VINNY
Either tell the truth that you read my posts or continue to tell lies.
I have absolutely no wish to discuss anything with you. But your replies here since i lifted my ignoring you last month to check on my suspicions, let it be known that you are reacting to what I post.
I have absolutely no desire to discuss brexit at your level, so fundamental as to be pointless. And i have no interest in what you post because it is either another hail mary to Brexit or some inversely telescopically short sighted idea totally out of context. Replies from others are far more aware and given the quality of their answers, yours fail completely to register on any scale of viability or veracity.
So please honour your promise and ignore me entirely.
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Post by Deleted on May 18, 2023 10:56:38 GMT
What a country gains from trade is the ability to import things it wants. Exports are not an objective in and of themselves. A country's " ability to import things it wants" refers to economic wealth and prosperity. Ergo, what a country gains from trade is wealth and prosperity -- which then gives them the ability to import things it wants. |
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Post by Deleted on May 18, 2023 10:56:53 GMT
That's alright. The merit of tariffs, friction, quotas depends on which side of the barrier you place yourself. Well as the purpose of free trade is imports then cutting yourself off from those imports is an act of massive self harm. Why would you do that? A non-starter response. ^ The purpose of trade, free or otherwise, is not imports. |
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Post by Pacifico on May 18, 2023 11:01:43 GMT
Well as the purpose of free trade is imports then cutting yourself off from those imports is an act of massive self harm. Why would you do that? A non-starter response. ^ The purpose of trade, free or otherwise, is not imports. Yes it is. People want access to cheaper things - this has been recognised by Economists through the ages - Adam Smith, David Ricardo, Joan Robinson, Paul Krugman all made the point that it is imports that drive trade. |
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Post by Vinny on May 18, 2023 11:16:27 GMT
It's both imports and exports.
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Post by Vinny on May 18, 2023 11:18:48 GMT
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