That sounds right to me.The Euroland types can't sell us so much crap because the pound is weak,but we can sell plenty for the same reason.Hurrah for the balance of payments.Is that what you mean?
Well, personally I meant the increased cost of every single product that travels either way between us & the EU once we're out the customs union. But yes, if the pound never recovers then our exports will be boosted. Everything you & I buy, and every overseas holiday you or I ever go on, will be more expensive, but yes, hurrah for the balance of payments