Briefing Notes

/Briefing Notes
7 01, 2011

#65 The Economic Cost of EU Membership

Briefing Notes|

Estimates of the ongoing Net Cost to the UK of its membership of the EU range upwards from four per cent of GDP per year. In just the thirteen years 1997 – 2009 inclusive, the cumulated UK current account deficit with EU-26 (trade deficit plus the net budgetary contribution to "Brussels") was £ 218 billion. By  Download Briefing [...]

7 01, 2011

#63 The Proper Definition of „Trade‰

Briefing Notes|

The word "trade" is often used, carelessly and wrongly, to mean "trade-in-goods" only. The proper definition encompasses trade in Goods, Services, Income & Transfers. "Goods" are sometimes described as "visibles", while "Services, Income & Transfers" are sometimes described as "invisibles". By  Download Briefing Note: BN#63 Proper Definition of Trade

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