000			01848nam a22003017u 4500
001			pwiiw4961
003			OSt
005			20260516120038.0
008			190613t2019 au ||||| |||| 00| ||eng d
040			_cOSt
041			_aeng
084			_aL80 _aF13 _aF15 _2jelc
100	1		_aPindyuk, Olga
245	1	0	_aThe Future of UK Services Trade Post-Brexit: Unlikely to Be Bright
260			_aWien : _bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw), _c2019.
300			_a13 S., _b2 Tables and 7 Figures, _c30cm.
490	1		_awiiw Policy Notes and Reports _v31
520			_aTrade in services was overshadowed by trade in goods in the Brexit debate, undeservingly so as services account for almost half of the UK cross-border exports and the EU is a major market for UK services exporters. Leaving the EU Single Market in services will cause increased regulatory costs of trading services and could have significant effects on the volume and composition of UK services exports under any exit deal. The highest rise in trade costs is to be expected in professional services, such as legal services, architecture, engineering, and accounting. With a rise in cross-border trade barriers there would be a relative increase in the proportion of services provided via a more costly physical presence within the EU. Regulatory heterogeneity among the EU members towards third countries will be an additional factor behind significant shifts in the sectoral and geographic composition of the UK services exports.
650			_aservices trade
650			_aBrexit
650			_aSingle Market
651			_aEuropean Union
651			_aUnited Kingdom
690			_aInternational Trade, Competitiveness and FDI
830		0	_v31 _wWIIW0000092 _twiiw Policy Notes and Reports
856	4	0	_uhttps://wiiw.ac.at/p-4961.html
942			_cP
999			_c8803 _d8803