What shall we do if the EU will not play ball?
We will point out that, whatever happens with the EU negotiation, leaving the EU under WTO rules is a practical necessity. Thus, in the event of no agreement with the EU, there is a good ‘fall-back’ strategy available employing WTO rules the government can adopt, which we will define. Failure to reach an FTA would harm the EU itself; and in the fullness of time, we believe the EU is likely to modify its trade barriers against us and others in its own interests.
You can read the full report by clicking here.
Achieving economic success with global free trade
Becoming a true global leader in free trade – the target that the Prime Minister has set out for the UK – will improve the country’s economic position significantly, relative to remaining in the protectionist EU Customs Union/Single Market.
You can view the full report by clicking here.
The Numbers Behind ‘No Deal’ – Why the EU Is A Loser
Leaving the EU with no deal would produce a £641 billion gain for the UK versus a £507 billion loss for the EU.
Read Patrick Minford’s explanatory note on the numbers behind ‘no deal’ by clicking here.
Explainer: The Case for Unilateral Free Trade
Julian Jessop, the Institute for Economic Affairs’s Chief Economist and Head of their Brexit Unit, explains what unilateral free trade is, and how it could benefit UK consumers and Third World producers alike.