Trade After Hard Brexit: WTO Rules Explained

The video discusses the UK's impending exit from the EU, known as Brexit, and the potential outcomes if no deal is reached. It explains the implications of a hard Brexit, where the UK would leave the EU without any agreements, leading to a 'cliff edge' scenario. The video delves into the World Trade Organization (WTO) rules that would govern UK trade in the absence of EU agreements, highlighting the challenges and changes the UK would face. It also covers the UK's need to establish its own trade schedules and the potential objections from other WTO nations.

What new insight or understanding did you gain from this video?