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Old 12-02-2020, 10:46   #2378
1andrew1
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Re: [Updated] The UK’s future relationship with the EU

Quote:
Originally Posted by jonbxx View Post
As an EU member, we were placed an equal 51st in the world in terms of tariffs using the weighted mean which takes into account what we actually import. The weighted mean was 1.79%

The proposed UK tariff schedule in front of the WTO is about 1.6% weighted mean which would put us 18th on this measure of protectionism.

There are plenty of less protectionist countries than the UK including some quite big players such as Canada, Australia, New Zealand, Singapore, Mexico and Chile

EDIT - source material - https://www.indexmundi.com/facts/ind...AR.ZS/rankings
If you accept that less protectionism makes countries richer, then will the greater protectionism that Brexit heralds make us poorer?
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