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Abstract:

External publication
Brexit and UK trade: what next?
Thomas Sampson
January 2021
Paper No' :
Full Paper (pdf)

Tags: brexit; trade; uk economy

Brexit is expected to make the UK poorer in the long run compared to remaining an EU member. Although the analysis used to reach this conclusion is complex, most forecasts depend upon the same economic logic. Brexit will create new trade barriers between the UK and the EU, leading to lower trade and causing income losses through higher prices and less efficient production.