Paul Daly (Fianna Fail)
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I thank Mr. Power for his excellent presentation. Some of the questions I had intended to ask have been dealt with already, but there is one issue on which I wish to hear his views. He mentioned the drop in the value of sterling already seeing something of a rush to the Border even though it may not make economic sense. His opinion appears to be strongly in the direction of a hard Brexit. What are his opinions from an economic perspective on the Border after a hard Brexit? We are all aware that a land border between different economies lends itself to rogue trade, smuggling and so forth. How does he think it might affect us economically if his prediction of a hard Brexit with a hard Border comes to pass? I am not referring to the policing of it but to the economic perspective. There can be a loss to the economy in more ways than tariffs or VAT by virtue of what hard land borders lend themselves to. The other questions I had have been covered.