trade

Cutting the Gordian Knot: A Roadmap for British Exit from the European Union

Britain must declare it is open for business, with unilateral declarations where appropriate, and trade agreements to be concluded as quickly as practicable with those nations who indicate a willingness to do so. At the time of writing, these include Australia, Brazil, Canada, China, Ghana, India, Mexico, New Zealand, South Korea, and Switzerland. Similarly, it must regain control over immigration while not turning its back on the benefits immigration and travel bring to a nation. A market-based immigration system may prove to be the best solution to this problem in the long run.

The suite of policies recommend in this essay share this vision of an open Britain, dedicated to the principle that markets make better use of information than planners.

Overall, the UK will benefit substantially from a reduction in regulation, a better fisheries management system, a market-based immigration system, a free market in agriculture, a globally focused free trade policy, and a shale gas-based energy policy.

By following this road map after leaving the EU, the UK will have set itself on the road to becoming once again a global economic powerhouse.

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