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Old 05.06.2018, 20:42
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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I think it's more like VAT. Suppose you buy Swiss cheese in Germany and bring it back to Switzerland. You recover the German VAT but pay the Swiss one. Suppose Germany also had a tarif on Swiss cheese. You would then also reclaim that on the border, only from the Swiss side rather than the German one.
Not even remotely close!
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