Abstract
Would the United Kingdom really apply high EU external tariffs in the case of a hard Brexit and carry out extensive physical checks at their border? Recent developments in London call this into question. A hard-but-smart strategy would fundamentally change Britain’s position vis-à-vis the EU and potentially result in a constructive alternative.
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This is the translated and updated version of G. Felbermayr: Brexit: Eine “Hard-but-Smart”-Strategie und ihre Folgen, in: ifo Schnelldienst, Vol. 72, No. 4, 2019, pp. 27–33.
Gabriel Felbermayr, Kiel Institute for the World Economy (IfW), Germany.
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Felbermayr, G.J. Brexit: A Hard-but-Smart Strategy and Its Consequences. Intereconomics 54, 178–183 (2019). https://doi.org/10.1007/s10272-019-0818-z
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DOI: https://doi.org/10.1007/s10272-019-0818-z