The Courier-Mail - - INSIGHT -

Stay­ing ay­ing in EU’s s Cus­toms Union

This union is a trade agree­ment be­tween EU states whereby there are no tar­iffs on each other’s goods. Stay­ing in the union, would mean the UK could con­tinue to trade tar­iff-free within the EU. But ut the UK would be un­able to ne­go­ti­ate deals with ma­jor trad­ing part­ners such as the US and Aus­tralia. Like­li­hood: d: 2/10

No Deal

UK would leave the EU on March 29 with no agree­ment, no trade deal and no £39 bil­lion exit bill. l The UK will be free to trade with any na­tion on WTO terms. May has firmly ruled it out. And even if forced to change her mind, she would face a ma­jor­ity of MPs off all par­ties fight­ing to stop her. Like­li­hood: 1/10

Re­scind Ar­ti­cle 50

This is thee part of thee Treaty of Lis­bon used by the UK K that al­lows EU mem­bers to quit uni­lat­er­ally. Trig­gered on March 29, 2017, giv­ing the UK two years to ne­go­ti­ate an exit deal, it would mean Brexit be­ing puput on ice. A pos­si­bil­ity as the Euro­pean Court of Jus­tice ruled in De­cem­ber that the UK has the right, up to March 29, to re­scind Ar­ti­cle 50 and con­tinue as an EU mem­ber. But the UK would have to pass leg­is­la­tion in par­lia­ment to achieve this and it would mean May go­ing back on her prom­ise that the Ref­er­en­dum re­sult must be re­spected. Like­li­hood: 2/10

A sec­ond ref­er­en­dum

This is the he aim of those want­ing to over­turn the re­sult of the first Ref­er­en­dum. MPs would have to cre­ate leg­is­la­tion for such a vote process that would take eight months to com­plete. Like­li­hood: d: 1/10

The ‘Nor­way Op­tion’

As a mem­ber of EFTA but not in the EU, Nor­way hass ac­cess to the Sin­gle Mar­ket. But as a non-mem­ber of the cus­toms union, it’s free to strike sep­a­rate trade deals. Many would like Bri­tain to be in the same boat. boat This would mean the UK must ac­cept free move­ment of peo­ple, which was a key fac­tor in the ref­er­en­dum and is a red line for May. Like­li­hood: d: 2/10

May calls a gen­eral elec­tion

The PM could in­vite a na­tional vote on her gov­ern­ment’s record and cred­i­bil­ity. Un­der the Fixed Term Par­lia­ments Act, she’d need the Com­mons to agree. Labour leader Jeremy Cor­byn (right) and his MPs would be morally bound to ap­prove it since they’ve been clam­our­ing for a gen­eral elec­tion. Like­li­hood: d: 1/10

A Labour vote of no-con­fi­dence

Cor­byn has said this “would hap­pen soon, don’t worry about that”. But he didn’t com­mit to a time, un­like many of his MPs, who say it should be called im­me­di­ately if May loses to­mor­row’s vote. If the Tories re­main united they would have the num­bers to de­feat the vote. Like­li­hood: 6/10

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