France Coppola is worth following (and engages with her followers as well if ask questions). Anyway, this is a snippet of conversation from the other day (references Richard North). Hope it's readable, difficult to c&p them easily from Twitter.
(((FrancesCoppola)))
@Frances_Coppola
Also, the IEA's paper explained something that has been puzzling me - why hardline Brexiteers are so blase about no deal Brexit.....
....paper shows they think treaty continuity applies, so trade with EU would continue to be zero-tariff in both directions after Brexit.....
The IEA think this is the case?
here's the relevant section, though it echoes throughout the paper.
Mentions MFN limits but then lurches between favourable FTA vs punitive tariffs as scenarios.
Doesn't understand WTO rules. But the key thing here is the treaty continuity. Assumes Brexit is secession, not treaty abrogation.
Bob Harper @BobData Aug 20
Yes, and the CZ/SK example is a total red herring
(((FrancesCoppola))) @Frances_Coppola Aug 20
I've found out where the IEA got that from. Previously cited by Richard North to support "treaty continuity" arg. www.eureferendum.com/blogview.aspx?blogno=85808 …
Steve Analyst @EmporersNewC Aug 20
Ben Kelly writes for the IEA, my money would have been on him.
(((FrancesCoppola))) @Frances_Coppola Aug 20
that article is drivel. Same ridiculous argument as Richard North. And now underpins the IEA's latest dismal paper.
Steve Analyst @EmporersNewC Aug 20
I know, and what's deeply distressing is how many times people have cited them to me, or heralded them as Brexit messiahs.
(((FrancesCoppola))) @Frances_Coppola Aug 20
I think people are learning not to do that to me.
Liam Blizard @LiamBlizard 14h14 hours ago
Opinions evolve, and I highly doubt @TheScepticIsle would write that article these days
Steve Analyst @EmporersNewC 14h14 hours ago
You mean, accuse people of being disingenuous or ignorant, while being disingenuous or ignorant?
End of conversation
New conversation
(((FrancesCoppola))) @Frances_Coppola Aug 19
.....so a no deal Brexit would not mean a sudden trade shock and immediate customs barriers, because "continuity" = zero tariffs....
Allan Thornley @AllanThornley1 Aug 20
John Redwood argued this point on #Bbcnewsnight
(((FrancesCoppola))) @Frances_Coppola Aug 20
They are appealing to the Vienna Convention amendment for succession of states. But I can't see how it applies.
Jake Staines @Sanakism Aug 21
One presumes this is consistent with the extreme-Brexiter delusion that we don't have "sovereignty" as an EU member state?
New conversation
(((FrancesCoppola))) @Frances_Coppola Aug 19
Replying to @Frances_Coppola
....terrible misunderstanding of WTO MFN rules, but they clearly believe it. Imho explains why they think no deal or "clean" Brexit is fine.
(((FrancesCoppola))) @Frances_Coppola Aug 19
obvious, really. If you think leaving the union won't affect the terms under which you trade with the union, you can cheerfully walk away.
Jan van de Rieth @JvdRieth Aug 19
That's an amazing level of self delusion.
(((FrancesCoppola))) @Frances_Coppola Aug 19
It was clearly stated in the IEA's paper. They said the EU would have to continue to trade with UK on zero tariff basis.
Ben Cooper 🇪🇺 @bencooper Aug 19
3rd para even says "both ... continued to honour the treaty obligations" - are they insane?
(((FrancesCoppola))) @Frances_Coppola Aug 19
I think they fundamentally misunderstand the nature of the EU. They think UK is seceding from a superstate, not abrogating a trade treaty.
Smoo @didgery77332nd Aug 20
Does Lisbon Treaty not make eu superstate?
Ben Cooper 🇪🇺 @bencooper Aug 20
No. And you know how you can tell? The UK can decide to leave, the UK is completely sovereign.