Reply to post: Re: Even here at the bottom end it's a mess

Osborne on Leave limbo: Travel and trade stay unchanged

Anonymous Coward
Anonymous Coward

Re: Even here at the bottom end it's a mess

OP here.

We buy parts and machines in €, so those purchases are say 10% more expensive.

The German company operates in the UK and we sell services to them priced in £.

We lose on the import, and gain nothing on the export. We also import a far greater value overall than we export.

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