Options for the United Kingdom’s future trading relationship with the European Union

This briefing for the European and External Relations Committee outlines the options for the UK’s trading relationship with the EU after Brexit. It sets out what different trading options mean, from European Economic Area membership through to relying only on World Trade Organisation rules without any specific bilateral or regional agreement in place. It also shows the results of the possible economic impact of the different options on the Scottish economy when compared to European Union membership based on modelling by the Fraser of Allander Institute.

ESO Background information: WTO rules mean UK-EU divorce and new trade arrangement are not fully separable http://www.europeansources.info/record/wto-rules-mean-uk-eu-divorce-and-new-trade-arrangement-are-not-fully-separable/

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