The economic arguments supporting Brexit have faltered, as both the Eurozone and EU have outpaced the UK in growth since the referendum, with UK goods exports declining. Research shows that while UK services exports grew, they were negatively impacted by new trade barriers post-Brexit, leading to overall exports being 4 to 5 percent lower than they would have been without these frictions, indicating economic harm rather than benefits.
Explain It To Me Like I’m 5: Brexit has hurt the UK’s ability to sell services to other countries, even though some people thought it would help, showing that leaving the EU made things worse instead of better.
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