You kind of answered your own weird question. If the regulations applied to British companies by the British government are less stringent than those of other countries, then they're less competitive when selling and competing abroad, as the quality of what they're providing is lower.
Because any exporter has to meet the standards laid down in the market it wants to sell into. Deregulation means misalignment and the whole purpose is to supposedly cut red tape ie cut regulations to make it cheaper to produce whatever widget you make but in any modern high tech economy all those regulations are thorough for a purpose of ensuring not just high standards of the finished product but throughout the manufacturing process and a certified high quality of the raw materials and components used plus of the actual design. They also have a purpose of ensuring employment of properly qualified professionals and the just and fair treatment of all employees. For an obvious example all trade deals have a stipulation that no product can be made by slave workers this today is largely a historical issue but a more likely issue is the use of prisoners as forced labour and all high level trade deals preclude this.
@@epincion yes, but some regulation is superfulous. Made by beauracrats to justify there job. And it still gives us an advange over all european countries when we sell.
so how does deregulational alignment not give british company's a competitive advantage thanks to brexit?
You kind of answered your own weird question. If the regulations applied to British companies by the British government are less stringent than those of other countries, then they're less competitive when selling and competing abroad, as the quality of what they're providing is lower.
Because any exporter has to meet the standards laid down in the market it wants to sell into. Deregulation means misalignment and the whole purpose is to supposedly cut red tape ie cut regulations to make it cheaper to produce whatever widget you make but in any modern high tech economy all those regulations are thorough for a purpose of ensuring not just high standards of the finished product but throughout the manufacturing process and a certified high quality of the raw materials and components used plus of the actual design.
They also have a purpose of ensuring employment of properly qualified professionals and the just and fair treatment of all employees.
For an obvious example all trade deals have a stipulation that no product can be made by slave workers this today is largely a historical issue but a more likely issue is the use of prisoners as forced labour and all high level trade deals preclude this.
@@crispincoque but it would be cheaper?
@@epincion yes, but some regulation is superfulous. Made by beauracrats to justify there job. And it still gives us an advange over all european countries when we sell.
@@TheFlowdiskord That's the goal of 'deregulation', yes. You get a gold star, kid. ⭐
Strange, it ends mid sentence at 1:50 - maybe a youtube hickup ?
Marcus keep on ranting you are right, brexit was pushed by boris and his Russian handlers.