about 50% of UK exports currently go to the European Union. Callum Williams explains to any Brexiter who would listen why taking it elsewhere is unlikely to work - due to the "gravity model", from Nobel in Economics Jan Tinbergen - confirmed by new studies - bigger countries trade more with each other, the greater the geographic distance, the smaller the volume of trade.

made: 2016-09-28

link: www.economist.com/news/finance-and-economics/21707912-brexiteers-need-respect-gravity-models-international-trade-down-earth

keywords: rocket Brexit export goods geography space gravity nobel trade prosperity