Brexit Developments March 2018

POLICY COMPASS: BREXIT

Transition Deal, Trade Agreements and Risks of a Cliff-Edge into WTO

By Brunello Rosa, Pablo Gallego Cuervo and Renata Bossini

28 March 2018

In this paper we discuss:

• The political and economic impact of the EU-UK agreement on the transition period;
• Baseline and risk scenarios, with a focus on the cliff-edge into WTO; and
• The mechanics of re-establishing WTO’s schedules of commitment.

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