The consequences of Brexit for trade and living standards | London School of Economics
“Leaving the EU (‘Brexit’) would lower trade between the UK and the EU because of higher tariff and non-tariff barriers to trade. In addition, the UK would benefit less from future market integration within the EU.”
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CEP BREXIT ANALYSIS NO. 2. The consequences of Brexit for UK trade and living standards The European Union (EU) is the UK’s largest trade partner.
cep.lse.ac.uk
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