Hard Brexit is defined as clean Brexit basically meaning that the United Kingdom is completely out of the European Union cutting all ties and having no relationship. Having a Hard Brexit would mean that the United Kingdom is out of the single market. Which allows the free movement of goods, people, services and money between all European Union members. They would also be out of the European Customs Union which all European Union member all buy and sell from each other without paying import taxes,...
Hard Brexit is defined as clean Brexit basically meaning that the United Kingdom is completely out of the European Union cutting all ties and having no relationship. Having a Hard Brexit would mean that the United Kingdom is out of the single market. Which allows the free movement of goods, people, services and money between all European Union members. They would also be out of the European Customs Union which all European Union member all buy and sell from each other without paying import taxes, and they all charge the same taxes on good coming in from the rest of the world. Britain would regain control of its borders and immigration and no more open the door to the citizens of the European Union. They would also gain control of employment rights and trade. Control of trade deals with countries outside the European Union such as America, India, China etc. It is thought that the Hard Brexit approach could cause damage to not only the United Kingdom but also the European Union because the United Kingdom is one of the top 3 largest economies in the European Union.
The WTO IS MUCH WORSE FOR TRADE THAN THE European Union single market. The Canada model, Canada has struck a free trade deal with the European Union, and the United Kingdom can do the same. It improves marginally on the WTO model, but it only includes goods. (Things you can load on ships and trucks.) While the United Kingdom greatest export advantages lie in services such as finance and law.