Re: @ Charlie Clark
Phil O'Sophical:@"Do you have a clue about what the WTO is and how it works?
Yeah, I do. Why don't you give me your take on it? I'd love to be educated by another Brexit troll...
At the moment, goods moving between EU states don't have tariffs or quotas applied.
Under WTO rules, the UK will need to agree with the EU what tariffs or quotas are applied to what goods. The current 10% tariff on cars and car parts from outside the EU, for example, would mean goodbye UK car industry.
Now I know that the Brexit dreamers think there will be no restrictions, but that's not going to happen because the UK would then have the best of both worlds - no tariffs or quotas, and no obligations to the EU.
I'll leave you with these thoughts to ponder:
http://ukandeu.ac.uk/explainers/no-deal-the-wto-option/
"Under a hard Brexit/“WTO rules” scenario, without mutual recognition agreements for product standards, it is unlikely that UK products could enter the EU without further checks at the border. Over time, if there is divergence between UK and EU standards, UK businesses would need to produce two different product lines – one for the UK and one for the EU – which would increase costs and reduce competitiveness."
"The impacts of non-tariff barriers would be larger for the service sector, which makes up 80% of the UK economy. Access to the single EU aviation market requires headquarters and majority shareholdings to be located within the EU so that it can have regulatory oversight on safety."
Brexit: denial, delusion, lies..