Social Sciences
4 years ago

Brexit to Devastate EU Trade, Cripple Food and Textile Sectors

2 views
RePEc: Research Papers in Economics
The Product and Sector Level Impact of a Hard Brexit across the EU
Martina Lawless, Edgar Morgenroth

Paper Summary

Brexit could lead to tariffs on trade between the UK and EU, affecting different countries differently. Trade with the UK could drop by 5% to 43%, depending on the country. Food and textiles trade could decrease by up to 90%.

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