The UK fails to join the WTO and heads for limbo
No. A phone call to the relevant people produced this some months back:
To insist, meanwhile, that we must raise tariffs on the imports we desire is to misunderstand the WTO system. As a source in Geneva explains, Britain is a WTO member in its own right and will still be so even after Brexit happens.
So, therefore, no.
An attempt to get fast track entry by copying and pasting the EU’s terms of membership, through which we have WTO access now, failed. The result is that we will be in limbo for years.
What has happened is that some countries – Russia, amusingly enough, among them – have objected to the method of apportioning some portion of the EU’s quotas to a newly liberated United Kingdom. The UK is still a WTO member, still has MFN status.
The usual justification for the universities – the non-undergraduate teaching part of them – is that we need publicly supported people to go do that research that the private market unadorned won’t produce. The thing is, I’m in the private market and I’ve done that very research, the Professor hasn’t. So, do we get to close the universities down then for being not fit for purpose?