Cost of EEA membership for UK

While there has been much speculation as to the cost of the UK leaving the Customs Union and European Single Market, little thought has been put into the cost associated with remaining in the Customs Union or Single Market in lost opportunities to sign trade deals with other countries. This paper looks at the opportunity costs, and what could be achieved if the UK were able to sign a deal for a Prosperity Zone including like-minded countries, coalesced around the fundamental ideas of open trade, competition on the merits and property rights protection.

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