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Eurosceptics would quickly come to despise the WTO

If Britain left with no deal, their rage would simply move from the institution in Brussels to the one in Geneva

By Alex Dean  

Director-General of the WTO, Roberto Azevedo. Photo: Xu Jinquan/Xinhua News Agency/PA Images

As the prospect of a “no deal” Brexit again rears its ugly head, attention has focussed in on the meaning of “WTO terms.” Brexiteers insist that Britain could cope—even thrive—if it fell back on them. On the phone last week Jacob Rees-Mogg assured me: “it is a well-established system” and “not something to be frightened of.”

Most commentary has focussed on the fact that Brexiteers are wrong, with Remainers explaining that no deal would in reality be disastrous.

They are right to be worried. But there is…

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