So they'll have to source more locally (good for UK producers and the environment).
This may Increase food prices true but I suggest there's 2 things that will work against that. Those being people not willing to pay increased prices and going to the discounters Aldi and Lidl who will have no problems sourcing.
Yes we are a net importer of manufactured goods, when is a trade deficit seen as a good thing?
(, Mon 27 Jun 2016, 17:13, Reply)
This country can not grow enough food by itself to feed its own population and its climate only allows for certain crops.
The price of imported food will increase no matter which supermarket you buy it from.
Trade deficits are bad, thats why it has been beneficial to have a financial sector as a net exporter, helping to reduce that deficit.
(, Mon 27 Jun 2016, 18:03, Reply)
That.
(, Mon 27 Jun 2016, 18:19, Reply)
The UK used its influence to get the EU to negotiate trade deals with commonwealth countries.
(, Mon 27 Jun 2016, 18:33, Reply)
"This country can not grow enough food by itself to feed its own population and its climate only allows for certain crops."
So the possible answer is commonwealth, agreed?
I've already conceded that prices may go up and the possible negating factors on that.
"The UK used its influence to get the EU to negotiate trade deals with commonwealth countries."
Well I guess commonwealth countries will be looking to thank us then with a speedy trade agreement then!
(, Mon 27 Jun 2016, 18:55, Reply)
So long as you understand my original point:
Vote leave won and we are all poorer because of it
(, Mon 27 Jun 2016, 19:06, Reply)