The Guardian Australia – Business
·business
·5 hours ago
Rejoining customs union would not fix damage caused by Brexit, research finds
Research from the Centre for European Reform found that Brexit caused a 12% decline in UK exports, primarily due to leaving the single market. Rejoining the customs union would only partially mitigate the damage, as services exports remain 7% lower than if the UK had stayed in the EU. Political debates continue over the future relationship.
Summary by OZbrief · The Guardian Australia – Business
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