The Shadow Industry Minister talks of keeping
the benefits of the Customs Union agreements but still being free to negotiate our own trade deals.
Long - Bailey explained that Labour wanted to retain
the benefits of the customs union and also have the ability to negotiate new trade deals.
The Shadow Industry Minister talks of keeping
the benefits of the customs union agreements but still being free to negotiate our own trade deals.
The Labour Party would negotiate a final Brexit deal that «retained
the benefits of the Customs Union and the Single Market», Keir Starmer MP, shadow Brexit secretary, told Labour Party conference in Brighton this week.
Not exact matches
And what we want from these negotiations, were we conducting them, is to have the
benefits of being in the single market and being in the
customs union.
«Emily made clear, as we have done for more than a year now, that the Government needs to deliver a deal which meets our six tests, in particular by explaining how we will maintain current arrangements on the Northern Ireland border, and ensure all UK firms maintain the current
benefits of access to the single market and
customs union, the source said.
That suggests No 10 is seeking a free trade relationship for the automotive industry that at least brings
benefits similar to membership
of the single market and
customs union.
«We want to see a new partnership with the EU that maintains the
benefits of both the single market and the
customs union.»
«It is vital that we retain the
benefits of the single market and the
customs union.
A host
of senior shadow ministers have said Britain must follow a «soft Brexit» by retaining full access to and the
benefits of the single market and
customs union.
«Ultimately as part
of the Brexit negotiation, we must retain the
benefits we have in the single market and
customs union.»
Barry Gardiner, the shadow trade secretary, told BBC Radio 4's Today programme: «What we've said is that we need those
benefits, and whether they're achieved through reformed membership
of the single market and the
customs union, or through a new, bespoke trading arrangement, is actually secondary to achieving the
benefits.
Labour's 2017 manifesto said merely that the party wanted to retain «the
benefits of the single market and the
customs union», and did not say the UK should stay in either.
«What are the
benefits of the single market and the
customs union?
If it delivers the huge
benefit of our membership
of the
customs union and indeed the single market, which is what British business is desperate for, I don't care what you call it.»
Included in the PowerPoint: Macroeconomic Objectives (AS Level) a) Aggregate Demand (AD) and Aggregate Supply (AS) analysis - the shape and determinants
of AD and AS curves; AD = C+I+G + (X-M)- the distinction between a movement along and a shift in AD and AS - the interaction
of AD and AS and the determination
of the level
of output, prices and employment b) Inflation - the definition
of inflation; degrees
of inflation and the measurement
of inflation; deflation and disinflation - the distinction between money values and real data - the cause
of inflation (cost - push and demand - pull inflation)- the consequences
of inflation c) Balance
of payments - the components
of the balance
of payments accounts (using the IMF / OECD definition): current account; capital and financial account; balancing item - meaning
of balance
of payments equilibrium and disequilibrium - causes
of balance
of payments disequilibrium in each component
of the accounts - consequences
of balance
of payments disequilibrium on domestic and external economy d) Exchange rates - definitions and measurement
of exchange rates - nominal, real, trade - weighted exchange rates - the determination
of exchange rates - floating, fixed, managed float - the factors underlying changes in exchange rates - the effects
of changing exchange rates on the domestic and external economy using AD, Marshall - Lerner and J curve analysis - depreciation / appreciation - devaluation / revaluation e) The Terms
of Trade - the measurement
of the terms
of trade - causes
of the changes in the terms
of trade - the impact
of changes in the terms
of trade f) Principles
of Absolute and comparative advantage - the distinction between absolute and comparative advantage - free trade area,
customs union, monetary
union, full economic
union - trade creation and trade diversion - the
benefits of free trade, including the trading possibility curve g) Protectionism - the meaning
of protectionism in the context
of international trade - different methods
of protection and their impact, for example, tariffs, import duties and quotas, export subsidies, embargoes, voluntary export restraints (VERs) and excessive administrative burdens («red tape»)- the arguments in favor
of protectionism This PowerPoint is best used when using worksheets and activities to help reinforce the ideas talked about.