The disastrous effects of not trading with near-by countries.

According to Remainers, the effect of the UK cutting the amount of trade it does with geographically nearby countries would be serious. However, there’s a slight problem with that argument, namely that there are two countries which do a negligible amount of trade with nearby countries (assuming that by “nearby” one means something like “within 2,000km”), and they are Australia and New Zealand.

And to add insult to injury, the latter two countries enjoy higher living standards than the UK.

Also, I particularly like this chart which shows that Australia was totally unaffected by the bank crisis ten years ago. Obviously I can’t prove that resulted from the lack of nearby countries with which Australia trades. But the chart is a bit of a giggle all the same.