Short-term impact of Brexit on the United Kingdom's export of goods (English)

The short-term impact of Brexit on goods exports is assessed using the Overall Trade Restrictiveness Index of the United Kingdom's major trading partners. The analysis shows that in the short run, leaving the European Union may cause the United Kingdom's exports to the European Union to decrease by 2 percent, and the prospect of a major trade collapse post-Brexit is unlikely. This is because the European Union's Most Favored Nation (MFN) tariffs are...

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Author

Kee,Hiau Looi;

Nicita,Alessandro;
Document Date
2017/09/13
Document Type
Policy Research Working Paper
Report Number
WPS8195
Volume No
1
Total Volume(s)
1
Country
United Kingdom,
Region
Europe and Central Asia,
Disclosure Date
2017/09/13
Disclosure Status
Disclosed
Doc Name
Short-term impact of Brexit on the United Kingdom's export of goods
Keywords
Trade Policies

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Citation

Kee,Hiau Looi; Nicita,Alessandro.

Short-term impact of Brexit on the United Kingdom's export of goods (English). Paper is funded by the Strategic Research Program (SRP)|Policy Research working paper|no. WPS 8195 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/164821505330746382

Short-term impact of Brexit on the United Kingdom's export of goods (English)

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