Trade and Investment

This is how Brexit would affect British trade

The St George's Cross, European Union and Union flags fly outside a hotel in London, Britain, December 17, 2015. European Union leaders could clinch a deal with British Prime Minister David Cameron in February to prevent the bloc's second largest economy leaving, European Council President Donald Tusk said on Thursday. Cameron is seeking to renegotiate Britain's relationship with the bloc it joined in 1973 ahead of a referendum on membership to be held by the end of 2017. Some EU leaders are wary of agreeing to all of his demands, however, particularly on cutting benefits for EU migrants to Britain.

The "Brexiteers" argue that their goal would have no effect on the United Kingdom’s global trade. They are wrong. Image:  REUTERS/Luke MacGregor

Roderick Abbott
Former Deputy Director-General, WTO
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 Export of goods between Britain and EU, 2014
Image: The Economist
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Related topics:
Trade and InvestmentEuropean UnionUnited Kingdom
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