Abstract

The people of Great Britain said their word to leave the European Union. The Brexit consequences impact on international trade is negative and large. In the meantime, the ambition Great Britain post Brexit aims for new trade agreements while not explicit (clear) about the type and with whom these agreements. Meanwhile, we examine the UK options in this study, emphasizing the substance of the Brexit negative trade impact on the UK and other major economic countries, including the EU. After reviewing all the alternative and potential options for UK trade agreements post-Brexit, we find no better substitutions to the EU agreement before Brexit.

Keywords: Brexit, Gravity model, Trade predictions, Trade Agreement, Economics