Vincent Cable Speech on the EU Referendum at Stansted Airport.

Vincent Cable Speech on the EU Referendum at Stansted Airport.

Assessment

Interactive Video

Business

University

Hard

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The video discusses the role of small and large companies in the value chain, emphasizing the importance of the single market for exports. It highlights the challenges faced by small companies when exporting outside the single market, using a porridge company as an example. The video contrasts trading goods with services, noting the significance of the services sector in the UK economy. It concludes by discussing the potential for further integration of services within the European Union's single market.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some examples of internationally traded services mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of completing the single market in services according to the speaker?

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