C
cantaloup63
My apologies - I was using data from a while agoWhere did you get that from?the majority of our trade takes place with non EU countries.
Without taking the revisions into account, this means that we export 46% to, and import 49% of our goods from non-EU countries. Whether you consider that to be significantly different enough amount is up to you - personally I stand by the view that the EU needs our trades as much as we need theirs. One could also cite cases (such as agricultural policies and monopoly decisions, as well as fees paid into the EU coffers for subsidizing purposes) which may well tip the balance of payments in our favour should we withdraw.EU Trade:
The total 2011 year to date value of UK’s trade-in-goods exported excluding August 2011 was £92.5 billion, which has been downwardly revised by £224.4 million.
The total 2011 year to date value of UK’s trade-in-goods imported excluding August 2011 was £116.7 billion, which has been downwardly revised by £131.8 million.
Non EU Trade:
The total 2011 year to date value of UK’s trade-in-goods exported excluding August 2011 was £77.4 billion, which has been upwardly revised by £32.7 million.
The total 2011 year to date value of UK’s trade-in-goods imported excluding August 2011 was £111.2 billion, which has been downwardly revised by £140.5 million.
I suspect that there may not be a huge fiscal difference whether we are in or out, but I would rather be governed by people I elect (notwithstanding the obvious flaws in our current setup). I would also prefer it if some countries don't flaunt the rules which they signed up to.
All in all, for me, the line of best fit is...OUT