What is 1 weakness and 1 strength of a free trade deal?
To get rid of tariffs or border taxes on goods
But it isn“t entirely free because there are still regulations depending on the country that the goods get imported to
Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.
What is a tariff?
A tariff is a tax imposed by one country on the goods and services imported from another country.
how many UK workers does Nissan, the Japanese company have?
7,000 UK workers
Why are there concerns about electric cars?
Because many key components come from outside the EU
Name 1 threat that comes from the imposition of the higher tariffs, for the motor industry in the UK
lower profit margins
What countries are the car parts from?
Japan and Turkey
how many EU members are there
27
Why are they imposing the tariffs on the 'exported car parts'
Because they say that they aren't British parts
Name 1 opportunity that comes from the imposition of the higher tariff for the motor industry in the UK?
car manufacturers could build their own factories in the UK.
What did the UK also ask for the manufacturing of to be treated leniently?
Electric cars, batteries and bicycles
how many countries car parts will not be treated as British
2
Japan and Turkey