| 6.1 Openness to trade and foreign investment | |
| Why is it significant? | |
|
The degree of competitive intensity is partially based on the openness of the economy. |
|
| How does the UK perform? | |
|
The UK is a relatively open economy, whether judged by trade or foreign direct investment in volume terms or as a proportion of GDP
(charts 6.1.1 to 6.1.4). |
|