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How much is Brexit really costing us? The Cost of Brexit

Best for Britain asked Frontier Economics to independently model the economic effects of alignment in the areas of goods and services between the UK and the EU within the UK Government’s negotiating red lines of ‘no return to the single market, customs union or freedom of movement’.

The modelling also considered the United States (US) levying tariffs on the UK and other trade partners. The modelling used a gravity model for trade, embedded in a broader economic model, belonging to a class of models sometimes described as New Quantitative Trade Models (NQTM).

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