“Post-Brexit Trade Flows with the EU: What Leavers overlooked”, Andrew Black (The Federal Trust, United Kingdom)

The formal enactment of Brexit came into force on January 31st 2020, complete with a transitional agreement to add bells and whistles to the Withdrawal Agreement. What may have started out as a “simple”, “oven ready” agreement, has morphed into a document 2,500 pages long. It includes many chapters, and also specifies, in detail, rules affecting trade between the UK and the EU. Judging by subsequent reactions in Britain, one might guess that virtually no one in the UK government has actually read the entire treaty from start to finish. If they had, then they would have been less surprised by subsequent events.

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