Civitas Reveals The Truth About EU & Trade!

The trade advantages of being in the European Union single market are ‘imaginary’ and have not helped British exports, according to a new report.

It claims the UK’s exports to Europe have grown at a slower rate than our trade with other leading countries outside the EU bloc, over the past four decades.

And the proportion of EU trade within Britain’s total exports of goods and services abroad, is no higher than when Britain joined the European Economic Community in 1973, at just over 60pc.

UK¿s exports to Europe have grown at a slower rate than our trade with other leading countries outside the EU bloc, over the past four decades

Meanwhile, it points out that Britain’s trade with countries outside the EU – such Iceland, Norway and Switzerland – has increased enormously over the same period.

The report from the centre-right think tank Civitas, using trade figures from the OECD, suggests fears about losing and jobs and growth if Britain leaves the European Union may be misplaced.

Read more: http://www.dailymail.co.uk/news/article-2620289/Trade-benefits-EU-imaginary-Report-finds-exports-Europe-grown-slower-rate-trade-countries-outside-past-40-years.html#ixzz30oW3Ucxa
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