Re:British pound hits record low against the dollar
by pavlov on Monday September 26, 2022 @02:36AM
(#32980131)
Norway is a rule-taker that pretty much implements every EU directive but has no say in how they’re made.
Britain is too proud to agree to that. It would have been very hard to explain to voters why UK resigned all its influence in the EU but still has to follow all the rules. And anything else meant losing access to the common market. This was explained many times during the Brexit campaign and subsequent years of confusion, but somehow the idea persisted that UK would eventually get an exception that breaks the fundamental design of the common market by allowing one country to produce goods and services that don’t follow the common market’s rules.
Britain is too proud to agree to that. It would have been very hard to explain to voters why UK resigned all its influence in the EU but still has to follow all the rules. And anything else meant losing access to the common market. This was explained many times during the Brexit campaign and subsequent years of confusion, but somehow the idea persisted that UK would eventually get an exception that breaks the fundamental design of the common market by allowing one country to produce goods and services that don’t follow the common market’s rules.