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You keep referring to that paper without x-reference to World Tariff Profiles 2017, EU BREXIT impact papers, or change in play to date. Why is that?

Section 3 describes the WTO tariff structure and presents implied tariffs by country and sector if these were applied to the current trade structure between the UK and each of the other EU member states
[...]
Our analysis is based on bilateral trade flows between the UK and each of the 27 other member states of the EU from the United Nations ComTrade data source for 2015.
[...]
without an agreed trade deal, the UK will not be able to apply different tariffs to trade from the
EU than it is willing to apply to all other countries.  

What's wrong with these assumptions besides category errors and the fact that the EU does not apply one rate/product line to all third-countries, because, well, bi-lateral trade agreements are in place?

archived: consider the source
condition for UK "transition" period
Joint letter from the EU and the UK Permanent Representatives to the WTO
World Tariff Profiles 2017
of which "data on bound, applied and preferential tariffs and import statistics are available in up to six digits of the Harmonized System (HS) codes" (Tariff Analysis Online )
EU Impact Studies of which The Impact and Consequences of Brexit for Northern Ireland

Diversity is the key to economic and political evolution.

by Cat on Tue Jan 23rd, 2018 at 02:10:16 AM EST
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