Re:UK formally leaves European Union after 48 years
by ardy42 on Thursday December 31, 2020 @11:45PM
(#25600927)
> Wouldn't it be better to replace the EU with an expansive multilateral free trade treaty that encompasses the same states? Why do we need an additional layer of government?
I don't know much about it, but I suppose if you want a free trade without a race to the bottom or a "giant sucking sound," you'd need something like a government to set standards across the area.
Also, it seems like there's some obvious benefits to a currency union (drawbacks too), and if you want to have that, then you need some kind of body to manage it.
I don't know much about it, but I suppose if you want a free trade without a race to the bottom or a "giant sucking sound," you'd need something like a government to set standards across the area.
Also, it seems like there's some obvious benefits to a currency union (drawbacks too), and if you want to have that, then you need some kind of body to manage it.