Re:UK scientists dropped from EU projects because of post-Br...
by regularfry on Tuesday July 12, 2016 @01:43PM
(#12080971)
> No.
But the rest of your comment seems to say "Yes."
> Trade deals get signed because all parties involved believe it will be to their mutual benefit.
I think that's optimistic. Deals get signed fundamentally because each side individually benefits. A better deal will see the weaker partner able to grow as a result, but that's not necessary for it to be worthwhile to the stronger partner.
> Why would you want to sign a trade deal with a weak country? It is self-defeating: you would get little out of it.
There's always a stronger and a weaker player at the table. It might take some fiddling to work out which is which, and it's certainly not limited to a single axis, but deals still happen.
> abuse regulatory passporting
I don't see that as abuse, that's just playing the game with the pieces that are on the board. From France's point of view, given the choice between a quick zero-sum win where they gain the limited number of banks available and a long-term mutual win where everyone grows, why not do both?
But the rest of your comment seems to say "Yes."
> Trade deals get signed because all parties involved believe it will be to their mutual benefit.
I think that's optimistic. Deals get signed fundamentally because each side individually benefits. A better deal will see the weaker partner able to grow as a result, but that's not necessary for it to be worthwhile to the stronger partner.
> Why would you want to sign a trade deal with a weak country? It is self-defeating: you would get little out of it.
There's always a stronger and a weaker player at the table. It might take some fiddling to work out which is which, and it's certainly not limited to a single axis, but deals still happen.
> abuse regulatory passporting
I don't see that as abuse, that's just playing the game with the pieces that are on the board. From France's point of view, given the choice between a quick zero-sum win where they gain the limited number of banks available and a long-term mutual win where everyone grows, why not do both?