December 17, 2012 12:36 am

Price-takers have three choices

From Mr Fred Simons.

Sir, Jonathan Powell (December 12) ignores history. Britain used to be a “price-maker”. The facts on the ground have changed. Britain is now a “price-taker”. Politically, it ignores that fact. As a price-taker, in negotiations one has three choices: fight, submit or leave. The odds favour that a fight will not be won and, if it is bent on joining the EU, Britain will have to submit. Be like Norway.

Fred Simons, Montreal, QC, Canada

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