Comments by "" (@Iain1962) on "EU Debates | eudebates.tv"
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@03MARA01 Business does business, trade deals just facilitate things, it's up to business who benefits.
I find it amusing the Australians flooding our market with food, firstly you don't seem concerned with the EU flooding our market with food, surely that's more of a worry? And if tons of food is arriving from Australia surely it would hurt the EU producers we would import from Australia the extra we need rather than the EU. Makes sense that if the Australian stuff is cheaper we stop buying the EU stuff. So if anybody should be concerned it should be the French and the Dutch farmers.
Anyway, only a small amount of food will come, we need to order it first and then they need to produce it and that will take years maybe decades before it reaches any kind of volume, if ever.
The US, UK, India Japan China and the EU is about 80% of the world's economy so that means the remaining 20% split between 160 countries each of the remaining countries shares are going to be awfully small.
Size is not relevant, look at Singapore or the UAE, incredibly wealthy, a natural resource or a strategic position or a business friendly trade policy are all factors as are a reliable and strong currency and reliable legal system. Size is just one factor among many.
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