Littlewood: Some Focus of Britain on the Outside of EU

The transcript discusses the EU's role in trade liberalization and the regulatory environment, highlighting the shift from a light-touch approach to a more regulatory-heavy stance. It explores the implications of Brexit, focusing on the UK's desire for better regulation tailored to its interests and the challenges in Brexit negotiations. The EU's unity and negotiation dynamics are examined, along with the potential future of UK-EU relations, including trade deals and market access.

What was the initial appeal of the EU's single market to free market liberals?

• More government intervention

• Higher tariffs

• Reduction of trade barriers

• Increased regulatory control

What is one of the main reasons the UK wants to leave the EU?

• To reduce trade with the USA

• To increase EU regulations

• To have more control over British immigration policy

• To join the Eurozone

What is a significant challenge for the UK government in the Brexit negotiations?

• Reducing the number of UK parliamentarians

• Increasing the number of EU member states

• Negotiating trade deals with the EU

• Deciding on a new currency

What is one expected outcome of Brexit regarding the customs union?

• The UK will have no customs regulations

• The UK will remain in the customs union

• The UK will join a new customs union

• The UK will leave the customs union

What is a potential benefit for the UK after leaving the EU?

• Increased EU regulations

• Ability to sign independent trade deals

• Joining the Eurozone

• Higher tariffs on EU goods