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The fact that we were a member of a so-called huge market is not good enough given that the so-called huge market is vastly diminishing as a proportion of the global economy. In 1980 the then-EEC made up nearly a third of the global economy. Within a decade it is likely to be less than a 10th of the global economy. Europe is sclerotic and failing, we demand more than just our small minded parochial little continent.
This rant is pretty far-removed from reality but sure bro.
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The fact that you dismiss America as not our being our "closest neighbours" when Manchester to New York is 5,367 km - whereas Australia has a free trade deal with their "close neighbour" of America ... when Melbourne [where I used to live] to Los Angeles [closest American city] is 12,766 km demonstrates your small-minded little Europe mentality. The United States is the world's largest economy and is both geographically and economically close to us, why should we not trade with them on better than WTO terms?
There's a big world out there outside your puny continent, embrace it.
Australia's top three trading partners are less than half as far away as the US. Two of the US's top three trading partners share a land border with the US. Apart from the US, Japan's top trading partners are in the same region. Ditto for China and South Korea. Neighbouring countries are vital, if for no other reason than out of logistical and practical concerns. It has nothing to do with parochialism, although the accusation is hilarious given your little-Englander views. It will be interesting to see whether your economic jingoism will survive negotiations on a bilateral trade agreement with the US, given the US's current aversion to FTAs and its long-standing policy of wringing every possible concession out of every bilateral agreement while conceding almost nothing in return.