EleanorRigby123
Australia will always do well (with occasional problems) because it has huge natural resources. There is a reason why it is called "the lucky country". It's certainly not a complement concerning the way it is governed.
I'm not aware of any Brexiteers saying the UK should be like Australia, except with regards to their points-based immigration system. It's a large, empty country with rich natural resources and therefore with an economy quite unlike Britain's.
Allotmenty
Just an extra comment. Trade between the UK and the ex-dominions used to be huge. So despite them being smaller markets the trade may actually have been comparable. Find a picture of an NZ street in the 1960s, and it will be full of Minis, Morris Minors and Hillmans. Even ten years ago there were plenty of Triumph 2000s on the roads.
Bearbehind
I was more commenting than trying to answer you, hence my post's ambiguity. My point was more that a sensible solution can certainly be found if politicians on both sides of the channel are prepared to negotiate in a sensible way, but the current rhetoric indicates that they're not - and that they have no clue.
NZ exports food, and produces it far more efficiently than the EU. It used to export huge amounts to the UK, which hasn't been self-sufficient in food since about 1850 and won't be again unless two thirds of the population leave. Same with Canada and Australia. Both could import financial services.
I don't think they would make up for the loss of EU markets though.
NotDavidTennant
but they are basically just British people with funny accents (they even have the same royalty as us!) and therefore clearly more decent and trustworthy than any Frog or Kraut.
They have basically the same legal system and strong cultural similarities, yes. So less chance for misunderstandings.
smallfox2002
"Concern over further integration - not good enough" Exemption from ever further union was granted and enforceable under international law. Not a valid reason.
No it wasn't. There was a sort of informal agreement that Britain would be exempted from this. Unfortunately the term is written into the EU treaties, and amending them would have required the consent of every EU member state. It's a great pity that this possibility wasn't explored further. However, the fact of the matter is that it wasn't, and the undertaking given to the UK wasn't legally enforceable.