BOE‘s Carney Accused of Bias Over `Brexit' Stance

The video discusses the UK's foreign direct investment history, highlighting that the UK received more investment than France and Germany combined before joining the EU. It critiques speculative economic statements and emphasizes the impact of Margaret Thatcher's reforms. The video also analyzes trade growth between the UK and Europe, using gravity models to assess the influence of the single market on trade dynamics.

Explain the concept of gravity models in relation to trade growth between the UK and Europe.

In what ways has the single market influenced the growth of UK trade with the rest of Europe?