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Will Brexit bring Shortages similar to WWII?
I’m going to focus on the possibility that the UK leaves the EU with no free-trade agreement whatsoever (no-deal) outside of basic World Trade Organization (WTO) rules. It is for this scenario that several economists and politicians predicted that the UK would be facing substantial shortages of all sort of imported products, including food, medicine, cars, clothing, and more.
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By Professor ProvencherI’m going to focus on the possibility that the UK leaves the EU with no free-trade agreement whatsoever (no-deal) outside of basic World Trade Organization (WTO) rules. It is for this scenario that several economists and politicians predicted that the UK would be facing substantial shortages of all sort of imported products, including food, medicine, cars, clothing, and more.