Theresa May Sets Out Brexit Plan- Leaving the Single Market

The transcript discusses a free trade agreement between Britain and the EU, aiming for maximum trade freedom without being part of the single market. It highlights the implications of not accepting the EU's four freedoms and the legal authority of the European Court of Justice. The referendum campaign emphasized that leaving the EU means leaving the single market.

What is the main goal of the proposed free trade agreement between Britain and the EU?

• To increase tariffs on goods

• To limit British companies' operations in Europe

• To allow for the freest possible trade in goods and services

• To restrict trade between Britain and the EU

What does membership in the single market require according to European leaders?

• Rejecting the freedom of people

• Accepting the four freedoms of goods, capital, services, and people

• Only accepting the freedom of services

• Accepting only the freedom of goods

What would being a member of the single market but outside the EU entail?

• Not complying with EU regulations

• Having voting rights on EU rules

• Accepting EU rules without voting rights

• Rejecting the European Court of Justice's authority

What role would the European Court of Justice play if Britain were in the single market but outside the EU?

• It would have no legal authority in Britain

• It would only advise on legal matters

• It would have direct legal authority in Britain

• It would be completely disregarded

What was made clear by both sides in the referendum campaign regarding the single market?

• The single market would remain unaffected by the referendum

• A vote to leave the EU would mean leaving the single market

• The single market is irrelevant to the EU membership

• A vote to leave the EU would mean staying in the single market