Economics in Education
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Rescooped by Bruce Fellowes from Macroeconomics: UK economy, IB Economics
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UK cannot simply trade on WTO terms after no-deal Brexit, say experts | Politics | The Guardian

UK cannot simply trade on WTO terms after no-deal Brexit, say experts | Politics | The Guardian | Economics in Education | Scoop.it
UK may face seven-year wait for frictionless trade under WTO rules if it crashes out of EU

Via Graham Watson
Graham Watson's curator insight, January 28, 2019 1:56 AM

And here's why the ETO option post-Brexit isn't as appealing as some would like it to be: the bureaucracy involved is staggering and would require agreement from all of the 163 WTO member states by 29 March.

 

Of course, Dr Liam Fox will argue that they will simply have to get their act together - but I suspect their less concerned than we are. 

 

And the net result? Well, recession, apparently. 

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Brexit: why the UK economy hasn't led to buyer's remorse

Brexit: why the UK economy hasn't led to buyer's remorse | Economics in Education | Scoop.it
The recession meant to make leave voters regret decision has failed to materialise – with majority of people having moved on
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