Can Brexit defy gravity? It is still much cheaper to trade with neighbouring countries

Estrin, S.ORCID logo, Cote, C.ORCID logo & Shapiro, D. (2018). Can Brexit defy gravity? It is still much cheaper to trade with neighbouring countries.
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Is the UK locked into economic relationships dominated by geography? Can it reorient its trade and FDI patterns from the slower growing European economy to faster-growing markets in Asia, Latin America and Africa, as promised by the proponents of Brexit? In this article Saul Estrin, Christine Cote (LSE), and Daniel Shapiro (Simon Fraser University) concentrate their attention on trade in goods and and conclude that in practice, it is much cheaper to trade with neighbouring countries, and it will remain so in the near term.

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