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Abstract:

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Brexit, trade and Scottish independence
Hanwei Huang, Thomas Sampson and Patrick Schneider
February 2021
Paper No' :


Tags: brexit; trade

Hanwei Huang, Thomas Sampson, and Patrick Schneider analysed the economics of Scottish independence by looking at its impact on trade. Independence would put a new border between Scotland and the rest of the UK, introducing new trade costs. An independent Scotland would also have the option of re-joining the EU, but re-joining the EU cannot make up for the income lost to independence.