you
in a grand Democratic exercise the
British people have decided to leave the
EU now they're looking hard for the exit
while a lot of people know they are
against the EU fewer know exactly what
they want instead so let us take you
around the post brexit show room where
all the available models for new
economic relations are on display they
all have different designs so that we
can find the one that suits your
priorities best whether that's to limit
European immigration be rid of European
laws remain a great trading nation
choice number one is to go it alone
I named the ship Britannia cutting loose
from a sinking continent and setting out
on a great global adventure or what is
more boringly called the WTO or World
Trade Organization model if Britain
makes a clean break with the EU it can
keep the foreigners out and it can
ignore for it is when making its laws
unfortunately it can also forget about a
lot of the lucrative trade it's
currently doing going it alone what
means to trade on the lowest common
multiple of market access the WTO rules
that almost every country in the world
accepts the WTO model is much worse for
trade than the EU single market as EU
members Britons have been able to buy
and sell to other Europeans just as if
they were in Britain no tariffs no
discrimination
and exactly the same standards and
regulations across the company cutting
loose means losing those benefits so
this choice is not so much the glory of
the wide open seas it's more lost at sea
if that doesn't appeal
how about choice number two the Canada
model Canada has struck a free trade
deal with the EU and the UK could try to
do the same it improves marginally on
the WTO model but it only covers goods
things you can load on ships and trucks
while the UK's greatest export
advantages line services such as finance
and law so what if you want to keep
trade in services unimpeded then you
might like choice number three
ever heard of Dowdle pace get a little
biscuit summer about summer order oh yes
you have
that's Norwegian for the European
Economic Area or EE a which everyone
calls the Norway mod there's a lot to
like about the Norway model the EEA
agreement lets Norway trade most goods
and services freely inside the single
market without being part of the EU it
can even strike its own trade deals with
other countries but then there was that
thing about taking back control and
Norway has accepted wholesale the free
movement of workers and the EU single
market rules so has Iceland another EEA
member you could call it the Iceland
model if you prefer maybe that would do
something for the football but he won't
keep immigrants out
why now you might be thinking that we're
looking at ever more absurdly small
countries for the UK to model itself own
while wait till you see this some
unscrupulous dealers will tell you they
can get you a special bespoke version of
the EEA ear all done what do you think
it is this is choice number four the
shell in androids EE a plus or the
Liechtenstein oh my Liechtenstein is in
the single market through the EEA it's
allowed some limits on freedom of
movement but Liechtenstein is 25
kilometers long and has 37,000 people
you won't get this model in a size that
fits Britain and even if you did it
would still require full compliance with
the laws governing the single market but
without any say in what they are so I'm
afraid there is no model that ticks all
the boxes if you avoid immigration or
laws are not made at home you lose out
on trade so you have to choose which
priority to give up if you could accept
free movement we do actually have a
model that gives full single market
access and equal power of the rules
in fact choice number five has been our
best selling model for years
it's called EU membership
but then that's the model you've just
come to trade in
something strange is happening in Japan
Sweden Switzerland and the eurozone
official interest rates have gone below
zero and are now negative that means
some