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Overall the study estimates a 30% reduction in UK/Ireland trade on medium price elasticity assumptions. However the study assumes the UK remains within the customs Union and therefore assumes no non-tariff barriers to trade. With the UK also intent on leaving the Customs Union the actual impact on trade could be much higher.

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by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Tue Jan 23rd, 2018 at 01:09:18 AM EST
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