Generate text that refutes this claim: EU economic preference will no longer bind Britain  As a customs union the EU has a common external tariff set at the EU level meaning that the UK cannot tailor its external trade policy to its own needs. Instead the UK will be free to negotiate its own free trade agreements with any power it wishes. This may be individually or joining larger trade groupings such as the currently being negotiated Trans Atlantic Trade and Investment Partnership deal between the USA, Canada, and the EU. it also means the UK is free to reject such joint agreements, as many campaigning groups would like with the Trans Atlantic Trade and Investment Partnership deal. [1] Countries which are not in regional blocks have not suffered as a result, South Korea has 24 free trade agreements [2] and despite an economy that is just over half the size of the UK’s has trade in goods worth similar amounts;$1,098bln $1,190bln [3] but importantly gets to negotiate each one itself and to its own terms and conditions.  [1] See #noTTIP,   [2] ‘Free Trade Agreements’, Asia Regional Integration Centre, 2015,   [3] Adding exports and imports of merchandise, ‘Korea, Republic of and United Kingdom’, World Trade Organisation,
onal europe politics leadership house believes uk would have more influence
As a smaller and less attractive market the UK will inevitably get a less good deal than it could have with the whole of the EU at its back. Moreover if the UK still wants free access to the EU market, which accounts for 45% of UK exports and 53%, [1] it will still not have a completely free hand economically. Norway for example may retain close economic links and freely trade with Europe but does not have any ability to make decisions on EU rules and must accept their regulations – clearly a worse position than the UK now. [2]  [1] Webb, Dominic, and Keep, Matthew, ‘In brief: UK-EU economic relations’, House of Commons Library, Briefing Paper, No. 06091, 19 January 2016, p.3, www.parliament.uk/briefing-papers/SN06091.pdf  [2] Eide, Espen Barth, ‘We pay, but have no say: that’s the reality of Norway’s relationship with the EU’, The Guardian, 27 October 2015,