We would continue to have unfettered access to EU trade, but the pledge to “take back control” of laws, borders and money would not have been fulfilled. The Canada deal A comprehensive trade deal like the one handed to Canada would help British traders, as it would lower or eliminate tariffs. No deal Britain leaves with no trade deal, meaning that all trade is governed by World Trade Organisation rules. How has the Brexit vote affected the economy? That could be caused by the biggest fall in net migration, as EU workers leave the UK after the Brexit vote.

Source: The Guardian December 21, 2017 13:06 UTC