"...It starts with the first sentence of the second paragraph. "A world trade deal under WTO rules would boost the UK's trade with the rest of the world including Europe," it reads. It is a quite completely insane thing to suggest.
Firstly, there is no "world trade deal". There is a WTO safety net which, among other things, bans discrimination in trading arrangements between countries unless they have a trade deal. Calling this arrangement a 'world trade deal' is the worst kind of misleading and cynical advertising-speak.
Second, WTO terms are not going to boost the UK's trade with Europe. There is no scenario painted by anyone on any side of the debate which would suggest this and there is certainly no reason to believe it on the basis of what is written here. It's the kind of thing you say when you have soared off into your own special land where the rules of causation do not apply. This sentence suggests the Economists for Free Trade are no longer in a fight against the EU, but against the basic concepts of language and meaning.
"If the EU insisted on slapping WTO tariffs on British exports," the paper scowls, like a schoolboy pretending to be James Bond, "the overall effect would amount to a staggering £13 billion a year boost to UK revenues."
The EU is not "insisting" anything. It has no choice. The WTO non-discrimination provision means that you must apply your tariffs equally outside of a trade deal. The authors either know this and are liars, or they don't and are idiots."
http://www.politics.co.uk/blogs/201...nsense-of-jacob-rees-mogg-s-new-press-release
Idiots or liars?
Maybe both.
Firstly, there is no "world trade deal". There is a WTO safety net which, among other things, bans discrimination in trading arrangements between countries unless they have a trade deal. Calling this arrangement a 'world trade deal' is the worst kind of misleading and cynical advertising-speak.
Second, WTO terms are not going to boost the UK's trade with Europe. There is no scenario painted by anyone on any side of the debate which would suggest this and there is certainly no reason to believe it on the basis of what is written here. It's the kind of thing you say when you have soared off into your own special land where the rules of causation do not apply. This sentence suggests the Economists for Free Trade are no longer in a fight against the EU, but against the basic concepts of language and meaning.
"If the EU insisted on slapping WTO tariffs on British exports," the paper scowls, like a schoolboy pretending to be James Bond, "the overall effect would amount to a staggering £13 billion a year boost to UK revenues."
The EU is not "insisting" anything. It has no choice. The WTO non-discrimination provision means that you must apply your tariffs equally outside of a trade deal. The authors either know this and are liars, or they don't and are idiots."
http://www.politics.co.uk/blogs/201...nsense-of-jacob-rees-mogg-s-new-press-release
Idiots or liars?
Maybe both.
