Short-Term Impact of Brexit on the United Kingdom's Export of Goods:
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 de...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
The World Bank
2017
|
| Series: | World Bank E-Library Archive
|
| Online Access: | Volltext |
| Summary: | 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 higher on products that are less responsive to tariffs, and lower on products that are more responsive to tariffs. The study assumes that there are no further compliance costs associated with the existing nontariff measures facing firms in the United Kingdom, should the United Kingdom leave the European Union |
| Physical Description: | 1 Online-Ressource (12 p) |
| DOI: | 10.1596/1813-9450-8195 |
Staff View
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:00:02Z |
| indexdate | 2025-02-20T07:19:40Z |
| institution | BVB |
| language | English |
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| spellingShingle | Kee, Hiau Looi Short-Term Impact of Brexit on the United Kingdom's Export of Goods |
| title | Short-Term Impact of Brexit on the United Kingdom's Export of Goods |
| title_auth | Short-Term Impact of Brexit on the United Kingdom's Export of Goods |
| title_exact_search | Short-Term Impact of Brexit on the United Kingdom's Export of Goods |
| title_exact_search_txtP | Short-Term Impact of Brexit on the United Kingdom's Export of Goods |
| title_full | Short-Term Impact of Brexit on the United Kingdom's Export of Goods Hiau Looi Kee |
| title_fullStr | Short-Term Impact of Brexit on the United Kingdom's Export of Goods Hiau Looi Kee |
| title_full_unstemmed | Short-Term Impact of Brexit on the United Kingdom's Export of Goods Hiau Looi Kee |
| title_short | Short-Term Impact of Brexit on the United Kingdom's Export of Goods |
| title_sort | short term impact of brexit on the united kingdom s export of goods |
| url | https://doi.org/10.1596/1813-9450-8195 |
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