Merkel: Brexit like negotiating trade accord

The transcript discusses the implications of the UK's exit from the EU, focusing on the costs associated with not accepting the four freedoms of the single market, particularly free movement. It highlights the potential for the UK to diverge in areas like environmental and consumer protection standards, which could distort competition. The need for mechanisms to address these changes is emphasized, and the process is likened to negotiating a trade agreement in reverse.

What is one of the main reasons the UK faces challenges after leaving the EU?

• Intention to join another union

• Desire to increase trade tariffs

• Refusal to accept the single market's four freedoms

• Plan to reduce environmental standards

What might the UK decide to change after Brexit?

• The official language

• Its currency

• Environmental and consumer protection standards

• Its geographical location

Why is there a need to develop new mechanisms post-Brexit?

• To change the UK's climate

• To increase the UK's population

• To respond to potential regulatory changes by the UK

• To alter the UK's historical landmarks

How is the negotiation process described in the context of Brexit?

• As a forward trade agreement

• As a reverse free trade agreement

• As a cultural exchange program

• As a military alliance

What is a potential consequence of the UK adopting new standards post-Brexit?

• Distortion of the competitive field

• Higher education levels

• Improved weather conditions

• Increased tourism