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Why don’t Leavers understand that regulation can help boost trade?

Brexiteers subscribe to an outdated economic theory

By Ian Dunt  

Boris Johnson and Michael Gove on the campaign trail back in 2016. Photo: Isabel Infantes/EMPICS Entertainment

For decades, Brexiters railed against Brussels red tape. It was their core message. Bananas couldn’t be bendy and lawnmowers couldn’t be loud. The world had gone mad. Brussels was lost in a frenzy of petty bureaucratic intrusions. On and on it went until eventually Britain voted to leave the European Union.

The underlying assumption behind these stories was that British industry was a roaring tiger, waiting to trade confidently with countries around the…

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