The devil is in the detail: multinationals favour the customs union
Paola Conconi
Abstract
Open-access reader
Paola Conconi
Abstract
Open-access reader
In a customs union, goods cross borders seamlessly, but in a free trade agreement, border checks are needed to ensure conformity with rules of origin. Paola Conconi (ULB/LSE) explains why a customs union is key for multinationals to stay in the UK after Brexit.
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In a customs union, goods cross borders seamlessly, but in a free trade agreement, border checks are needed to ensure conformity with rules of origin. Paola Conconi (ULB/LSE) explains why a customs union is key for multinationals to stay in the UK after Brexit.
Key concepts: Customs union, International trade, Brexit, European union, Business, International economics, Economics