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What Would ‘No Deal’ Mean For Brexit Britain?

What Would ‘No Deal’ Mean For Brexit Britain?

What happens to Britain on Brexit day if there is no deal with the EU

The Inquiry · BBC World Service

January 31, 201723m 10s

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Show Notes

"No deal is better than a bad deal." So said Britain's Prime Minister Theresa May, clarifying her country's position on Brexit negotiations with the EU. In the absence of a deal with the EU Britain would “revert to WTO rules” after Brexit. But what does that mean, exactly? The Inquiry has the answer. Presenter: Linda Yueh Contributors: Emily Lydgate, University of Sussex Alan Winters, UK Trade Policy Observatory Hosuk Lee-Makiyama, European Centre for International Political Economy Adam Marshall, British Chambers of Commerce

(Photo: German Chancellor Angela Merkel and Britain's Prime Minister Theresa May arrive for a statement prior to a meeting at the Chancellery in Berlin, Germany, on November 18, 2016. Credit: Getty Images)