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Initially I thought that would just result in WTO trade rules coming into effect after two years (which by many is seen as a worst case scenario). However, turns out that even that isn't so simple: https://www.ft.com/content/5741129a-4510-11e6-b22f-79eb4891c97d
Do you think the other member states of the EU will let us leave and keep all the benefits of the single market whilst restricting the free movement of people and stopping contributions to the EU budget, i.e. having our cake and eating it?
I'm no expert, but I think I know the answer to that one.