A trade policy for a brexited Britain

A new report from the Institute of Economic Affairs calls for unilateral free trade following Brexit, complemented by free trade agreements with our major trading partners such as the US, Canada and Australia. This would bring us significant benefits including lower prices for consumers, increased productivity and higher wages by eliminating all barriers to imports. The report goes on to assert several facts about trade policy that are often overlooked or completely disregarded, particularly concerning membership of the single market.

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