, 4 tweets, 4 min read Read on Twitter
1/ A set of explainers, taken from #5live's Breakfast Show (28/01/19), with @MielkenArne (Institute of Export & International Trade). First up what is the World Trade Organisation (WTO) and what does it do? @rachelburden
2/ 'Countries set up FTAs amongst themselves, or bilateral trade agreements, to make it (trade) a little bit better, to integrate more, to have more trade and have less rules and red tape, and therefore we have a spaghetti ball of multiple FTAs.' @MielkenArne #5livebreakfast
3/ 'What would the impact be on the UK economy if we were to revert to WTO rules?' @rachelburden. Listen to @MielkenArne explain the significant difference between trading in the Single Market, as an EU member, when compared to trading on WTO rules. #5livebreakfast
4/ @MielkenArne on the tricky problem the UK may face in grandfathering EU FTAs after Brexit. #5livebreakfast @SamuelMarcLowe
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