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    If we don't follow the Norway model, big companies will move most jobs abroad such as to France, the currency will crumble and UK will become the new Greece
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    (Original post by orton6)
    If we don't follow the Norway model, big companies will move most jobs abroad such as to France, the currency will crumble and UK will become the new Greece
    Utter tosh. We should ask for a FTA with no payments and no uncontrolled freedom of movement and, when the EU tells us no, work with WTO terms that will be worse for the EU than the UK. They'll soon change their minds.
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    (Original post by Good bloke)
    Utter tosh. We should ask for a FTA with no payments and no uncontrolled freedom of movement and, when the EU tells us no, work with WTO terms that will be worse for the EU than the UK. They'll soon change their minds.
    You mean worse for the UK than the EU. 3% of EU national income goes as exports to the UK, 13% of UK national income goes as exports to the UK. Brussels will not allow for any special treatment anymore. As the OP stated the best we can hope for is membership in the EEA and that Spain will veto any attempt for Scotland to join the EU.
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    Can someone explain the Norway model to me?
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    (Original post by SCIENCE :D)
    Can someone explain the Norway model to me?
    The Norway model or membership in the EEA (European Economic Area), means that we can still retain access to the single market. However, we still pay membership fees, have free movement of labour and have no say on new EU regulations or on how EU funds are spent. However, you have increased sovereignty and have control of fishing sectors and etc.

    The WTO model would mean we would have to pay tariffs and our exports would be under quotas by the EU. It would harm our economy far more than either membership in the EU or EEA. It has been referred to by the media as the Canadian model.
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    (Original post by Nurne)
    You mean worse for the UK than the EU. 3% of EU national income goes as exports to the UK, 13% of UK national income goes as exports to the UK. Brussels will not allow for any special treatment anymore. As the OP stated the best we can hope for is membership in the EEA and that Spain will veto any attempt for Scotland to join the EU.
    No. We can (a) buy goods from non-EU countries if EU ones increase in price, or even (b) buy British goods. How about that for a radical solution?

    The Germans do not want to see their biggest car market disappear, do they?

    British exports to the EU will cost about the same as they do now, with the pound 10% lower and a 10% tariff, while European goods will cost the British about the same as now.
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    (Original post by Good bloke)
    No. We can (a) buy goods from non-EU countries if EU ones increase in price, or even (b) buy British goods. How about that for a radical solution?

    The Germans do not want to see their biggest car market disappear, do they?

    British exports to the EU will cost about the same as they do now, with the pound 10% lower and a 10% tariff, while European goods will cost the British about the same as now.
    Doubt that will be the case.
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    (Original post by Nurne)
    Doubt that will be the case.
    Why? What don't you understand about it?
 
 
 
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