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Drogue
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Omnipresent conscience
Oct 2002 time: 05:36
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quote: Originally posted by Park Avenue
"However I do agree we'll still lose some."
Why? |
Because removal of the political entity could stir up badwill in other EU nations who then buy products from different nations instead. When we're not part of the EU, we don't get sole rights to Chedder Cheese, for example, so copycats can be made. Also without the political integration some cross border work will be harder, due to the different regulations in place and the lack of industry harmonisation. Add to that the lower inward investment, as countries wanting to have a base inside the EU, to keep inside the external tariff, will more likely relocate to an area with the same industry, currency and trading rules as the rest of the EU, than the UK, meaning we'll import their goods, rather then exporting them to the EU.
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Park Avenue
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Liberal and defender of freedoms for the people
Oct 1999 time: 05:36
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"Because removal of the political entity could stir up badwill in other EU nations who then buy products from different nations instead."
How likely? 
"When we're not part of the EU, we don't get sole rights to Chedder Cheese, for example, so copycats can be made."
So we'll be able to make champagne and parma ham too? 
"Also without the political integration some cross border work will be harder, due to the different regulations in place and the lack of industry harmonisation."
Whatever this means...
"Add to that the lower inward investment, as countries wanting to have a base inside the EU, to keep inside the external tariff, will more likely relocate to an area with the same industry, currency and trading rules as the rest of the EU, than the UK, meaning we'll import their goods, rather then exporting them to the EU."
Ah the old "inward investment" argument - if we don't do this, if we don't do that "we'll lose inward investment". Well guess what, it's completely fallacious.
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Bereta_Eder
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If the UK left EU Brussels would have even more authority on it. That's why it stays despite what its populace want.
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Drogue
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Omnipresent conscience
Oct 2002 time: 05:36
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quote: Originally posted by Park Avenue
"Because removal of the political entity could stir up badwill in other EU nations who then buy products from different nations instead."
How likely?  |
Very. Think how the French acted towards the US over Iraq. Now make that an area with 50% of our trade. We'd easily lose 1 or 2% from it.
quote: Originally posted by Park Avenue
So we'll be able to make champagne and parma ham too?  |
IIRC, Champagne is a worldwide trademark. But yes on Parma Ham. However Champagne of quality can't be made here. Cheese can be made anywhere.
quote: Originally posted by Park Avenue
"Also without the political integration some cross border work will be harder, due to the different regulations in place and the lack of industry harmonisation."
Whatever this means... |
It means that MNCs with offices in the EU and the UK will find harmonisation harder, due to different regulations, laws and standards. This will cause a lack of investment in countries coming into the EU (they'll choose elsewhere) as well as disrupting UK companies trading in Europe, due to different standardisation.
You're an economics graduate that doesn't understand what industry harmonisation is and how it benefits multi-national companies?
quote: Originally posted by Park Avenue
"Add to that the lower inward investment, as countries wanting to have a base inside the EU, to keep inside the external tariff, will more likely relocate to an area with the same industry, currency and trading rules as the rest of the EU, than the UK, meaning we'll import their goods, rather then exporting them to the EU."
Ah the old "inward investment" argument - if we don't do this, if we don't do that "we'll lose inward investment". Well guess what, it's completely fallacious. |
It isn't. You think companies are *exactly* as likely to choose the UK for their Europe base, when wanting to enter the EU, if we have different industry regulations, different standards and different laws? Or do you think this *might* prompt them to think of other countries, when they were wavering about the UK or another nation?
I used to work for Texas Instruments at their European Headquaters, in the UK. They said, if the UK came out of the EU, it would make standardising their operations with their EU production and sales bases so hard that they would relocate to inside the EU. I know how hard it is, standardisation of their financial systems was my job.
Sure, it's just one company, but if they thought that way, surely some others must. Every company that leaves the UK like that, takes quite a few jobs with it. And that's a company actually deciding to relocate if we left, not just one deciding which nation to enter. Add to that the drop in inward investment to the UK as a % of total EU inward investment from 28% to 5% since the Euro launched, as someone posted earlier, and the 'fallacious' argument that the Euro and EU are good for inward investment seems to have legs to stand on. A simple dismissal of all this evidence as fallacious doesn't.
The argument isn't fallacious, but you're unwavering belief that no-one will be annoyed with us if we leave, that no company will see being out of the EU as a problem for them, and that no company benefits from any EU standardisation is quite remarkably naieve, IMHO. If the EU would give us a free trade area, if companies didn't see deharmonisation as a problem for cross-border work, if inward investment wouldn't be swayed to the EU and if the EU citizens wouldn't try to spite us by choosing other products, then you'd have a point. That's a hell of a lot of unfounded assumptions though. Indeed one of which, companies not leaving the UK, I know to be false.
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