From the Centre for European Reform, this is the CERR podcast.

Hello and welcome to this episode of the CER podcast.

I'm Beth Oppenheimer, a researcher here at the CER.

And today I'm with Sam Lowe, who's a senior research fellow here at the CER.

And we're in the heart of Westminster,

where the Brexit mayhem has been unfolding over the past few days. Hi, Sam. Hi. So this is coming

to listeners slightly earlier than usual, because we wanted to respond to the government's

Brexit white paper, which came out today, Thursday, and the scenes that were unfolding over the weekend.

So we've waved goodbye to Davis and Boris for now.

The government's white paper has finally been published, and it proposes what looks like

or sounds like an association agreement, meaning it goes beyond trade and economics, and

incorporates other elements of cooperation like foreign security and defence policy.

So let's start with the economics.

The proposed economic partnership would treat goods and services differently.

And we've discussed this on the podcast before because strangely enough,

the CEO or you and John proposed this model in January, calling it the Jersey option.

Could you just remind listeners what this involves?

So essentially what the government has proposed is that the UK remains in the single market for goods and in a customs union.

The government calls this something else because it's specifically saying it wants to be in a customs union

with the ability to also run a dual tariff regime at the border so that the UK can strike its own free trade

agreements. So if for example a product was destined for the UK, it would be levied with the

UK's import tariff, whatever level that is. But if the product was destined for the EU, eventually

...