| EricHiggin said: Didn't realize CANZUK was even a thing until today. Would a stronger business, trade, and overall political relationship between a few of the Commonwealth Nations be seen as a good thing for the UK with Brexit? |
Lets see:
Australia:
(biggest) Imports : Refined petrolium, crude petrolium, cars, delivery trucks, broadcasting equiptment,...
(biggest) exports : Coal, Iron ores, Gold, Copper.
Canada:
(biggest) Imports : Cars, Refined petrolium, delievery trucks, Computers.
(biggest) exports : Crude petrolium, cars, Refinded petrolium, Gold, Vehicle Parts.
Canda benefits alot from trade with Australia:
Alright so already we see that canada + australia makes good sense to trade with one another.
Australia needs cars + petrolium, and Canada has alot of that.
Canada needs iron, and australia has that.
You notice that both countries sell petrolium, and import it.
Both also have gold, exports. Canada sells cars, and also imports alot of them.
UK:
(biggest) Imports : Cars, Gold, Refined Petrolium, Crude Petrolium, Packaged medicines.
(biggest) exports : Cars, Crude Petrolium, Gold, Gas Turbines, Packaged medicines.
Apparently the UK buys alot of gold, and sells it to others.
Same with medicine, it comes in and then goes out.
Australia needs things it doesnt produce itself.
Canada exports alot of the things it needs.
UK? Im not sure where it fits in, but im sure theres things to be traded back and forth between the nations.
Im not sure its some magical fix that ll come anywhere close to what its loseing from leaveing the EU's single market.
