The WTO Scenario

Britain is a member of the World Trade Organization. Under some scenarios, the U.K. could leave the EU, not strike a new deal with the EU and trade under this tariff regime, which taxes thousands of items and classes of items that now enter the EU tax free.

Each dot indicates a class of taxable items. Select the dots for more details and click the arrows to drill down into each category.

The Swiss Scenario Switzerland has a deal with the EU where most trade is entirely untariffed. But still certain products, mostly agricultural, are taxed.

The Norwegian Scenario Norway also has a very similar deal with the EU. These two countries are the ones most supporters of Brexit cite when providing examples of what trade might look after Britain’s exit from the EU.