On Thursday 23rd June 2016 Britons all over the country will vote on whether or not to stay in Europe. It’s a seemingly simple question that has the potential to have huge consequences, particularly economical ones. After all, it asks us to consider whether or not we want to be a local or a global economy.
In 1599, Shakespeare wrote the following words in his comedy As You Like It: “All the world’s a stage, And all the men and women merely players; They have their exits and their entrances, And one man in his time plays many parts, His acts being seven ages” . How relevant these words seem now – even 417 years later – as Britain decides on whether or not to (Br)exit Europe’s stage.
As it currently stands, Britain is an important economic player in Europe, the world’s biggest single market. Since 1st January 1993, we’ve been able to enjoy trading in one of the largest free-trade zones, home to 740 million consumers. This has amounted to 57% of our overall trade, an average of £24bn of investment from Europe each year and 3.5 million jobs that have been created as a result.
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