[hnaccount_rng]

But that only works if you compare the US with other single countries. The EEA is similar to the US, China will be larger than the US, India will be larger than the US. Any of those combine and you loose by a factor of 2, etc

[rafaelmn]

EEA, despite decades of EU efforts, is not a single market. China and India are nowhere near in terms of purchasing power or individual consumption and won't be for decades.

[davedx]

> EEA, despite decades of EU efforts, is not a single market.

Huh? It really is. There's free trade and free movement of labour. How is it not a single market?

[rafaelmn]

We have 24 official languages, regulations/legal systems vary from county to county and we don't even have a common currency.

It's a lot better than having to deal with each county individually but still way more overhead than US.

[hnaccount_rng]

But we don’t have tariff regimes. That what a common market means. It doesn’t mean that you can sell the same product to everyone. It just means that you can move that product everywhere. And even the regulatory regime is overwhelmingly European (that’s why you get manuals in 20 languages)

[feraloink]

You don't have tariff regimes within the common market, that's true. You do have tariffs on goods that are imported from any country other than the 24 in the EEA.

[davedx]

You're being obtuse. With those points I could argue the US isn't a single market either!

1. California has 10 million Spanish speakers 2. Every state has its own regulations and legislation (and taxes!)

But I don't think you would try to make that argument... right?

Free movement of labour and goods make a single market. The other stuff is just normal operational costs of doing business.

Also, and you know this: most of the EEA uses the Euro; the countries that don't are exceptions

[Imustaskforhelp]

Yeah. You really made an exceptional comment that I don't think anybody can argue with! Kudos!

[bgnn]

US is as scattered with ecery state having their own legislation.

[feraloink]

I think interstate commerce law is intended to minimize inefficiencies due to that? I'm not sure.

[Jensson]

Language barriers.

[jorvi]

Not currently in Germany.

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Well what do you know, you're a big fat liar :)