it trades with us on our terms, that's how it works
the importer sets tariffs, not the exporter
The point is that at the moment
Obidoobyland sells its goods to the EU with EU tariffs applied and it sells its goods to the UK (as part of the EU) with EU tariffs applied.
after we leave it will sell goods to the EU with EU tariffs applied and it will sell goods to the UK with UK tariffs applied (which for the sake of this description we will assume are the same as the EU)
So from the pov of Obidoobyland NOTHING changes
what changes is ATM the EU sells goods to the UK with ZERO tariffs and after we leave it will sell goods to the UK with UK tariffs applied (remember the same as the EU tariffs)
so EU prices to the UK go up relative to Obidoobyland prices (which haven't changed)
so Obidoobyland's goods are now cheaper in the shops
Why is it that you could not work it out for yourself?
If that happens then the trade would not be under WTO rules. It coul dhappen like that but the two countries would then not be able to use the WTO to resolve disputes.
That is a given but it is irrelevant to the problem. We are talking here of imports to the UK with UK tariffs applied to those goods.
How will imports from Obidoobyland be cheaper for British consumers if the UK tariff applied to those goods is the same before and after Brexit?
True.
False. You said above the UK will apply the same tariff to these imports that the EU applied.
a genuine SE person would be ALLOWED to decide their own hours (obviously within the limits of what customers will accept)
but when he asked to work a 4 day week he was refused permission to do so
Plain common sense says that if you are refused permission by your supervisor to work a short week then your supervisor is you employer and you are an employee
It was PP that wanted their cake and to eat it, not the worker
I like the way Tim says "be brave" because I imagine all stupid people say that to themselves before doing something foolish.
Anyway, I can't imagine there's many hugley profitable trade agreements to be had with with Brazil or China. As for India, it wants the UK to accept more immigrants from India in exchange for trade deals. Evidently it can sense our weakness.
as long as our terms follow WTO rules (which there is no suggestion that they wont)
you are missing the point that I am talking about the importation of goods with UK tariffs where those goods would have previously been imported with EU tariffs
from the exporters pov they are in the identical position that they were before
they wont be any cheaper than they were before. They WILL be cheaper than EU goods now are
Because the point is as they were selling them before, competing with the tariff free EU imports, they were probably (after tariffs) matching the EU tariff free price.
but the EU has greater costs of production, currently hidden behind protectionist tariffs
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