What are the implications of “trade under WTO rules” if the UK leaves the single market?
The parliamentary International Trade Committee has been interviewing subject specialists to provide insights into the legal and political dimensions of trading under WTO rules only.
This session on Parliament TV has particular emphasis on technical issues such as non-tariff barriers to trade agricultural trade, the legality of establishing a new farm subsidy system outside the CAP, and the practical difficulties of extracting the UK share from the EU in the WTO quota system.
PARLIAMENT TV: International Trade Committee – WTO Rules and UK Agriculture (excerpt)