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by TheOtherHobbes
209 days ago
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This is just naive. The EU is still a major trading partner, and regulatory divergence would kill trade, not increase it. Elsewhere, the only way fewer regulations would increase GDP would be if the UK was selling goods and services that benefited from lower standards. It already does that, because tax evasion and money laundering are a significant part of GDP. But there are very, very few areas in normal international trade where buyers want to see looser regs and lower standards. As an argument, it's just incoherent. |
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