Is WTO Article 24 the UK’s Secret Weapon? - Brexit Explained

Is WTO Article 24 the UK’s Secret Weapon? - Brexit Explained

Assessment

Interactive Video

Social Studies, Business

11th Grade - University

Hard

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The video discusses Article 24 of the General Agreement on Tariffs and Trade (GATT) and its potential use as a solution for the UK to trade tariff-free with the EU post-Brexit. It explains the historical context of GATT, its evolution into the World Trade Organization (WTO), and the implications of WTO rules. The video also examines the challenges and criticisms of using Article 24, including the need for mutual agreement between the UK and EU, and the potential for veto by any of the 164 WTO member nations. Expert opinions suggest that Article 24 is not a viable solution for Brexit-related trade issues.

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OPEN ENDED QUESTION

3 mins • 1 pt

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

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