Publication - Research and analysis

Modelling impacts of free trade agreements on the Scottish economy: policy summary

Published: 30 January 2025
From: Chief Economist, +1 more … Director of International Trade and Investment
Directorate: Chief Economist Directorate, +1 more … International Trade and Investment Directorate
Topic: Brexit, Economy, International
ISBN: 9781836912804

This policy summary accompanies the analytical report: Modelling impacts of free trade agreements on the Scottish economy. It provides a non-technical narrative, situating key findings alongside the Scottish Government’s approach to trade and engagement with the UK Government on trade agreements.

Supporting documents

Footnotes

1. Impact assessment of the Free Trade Agreement between the United Kingdom of Great Britain and Northern Ireland and Australia (publishing.service.gov.uk)

2. UK-India Free Trade Agreement - The UK's Strategic Approach (publishing.service.gov.uk)

3. UK - Turkey Free Trade Agreement (publishing.service.gov.uk)

4. UK's approach to negotiating an enhanced free trade agreement with Switzerland - GOV.UK (www.gov.uk)

5. Exiting the European Union: Publications - GOV.UK (www.gov.uk)

6. See for example Scottish Sectoral Economic Impact Analysis (www.gov.scot) or Modelling the long-term impact of Brexit on the Scottish economy | FAI (fraserofallander.org)

7. Using specific assumptions around potential changes in trade costs informed by gravity modelling. Other studies may produce different results using different assumptions.

8. Revisiting the Effect of Brexit - NIESR

9. Summary Report: Analysis on the Impact of Future UK FTA Scenarios on Scotland’s Agricultural Food and Drink Sector (www.gov.scot)

10. See for example - Trade and gender : A Framework of analysis | OECD Trade Policy Papers | OECD iLibrary (oecd-ilibrary.org)

11. See for example - 2018 UK Government analysis