Hello and welcome to the last in our special series examining the facts and the less

than facts behind the EU referendum campaign.

A big part of the debate has been about economics

and a big part of the economics of the EU is about trade.

It's probably fair to say that most economists think EU membership

is good for the British economy. Whenever economists are surveyed we usually get

a large majority suggesting that leaving the EU would damage the British economy and that economic

consensus is based on the view that free trade is good for the British economy and that the

EU is good for British trade. Now there are some economists who do think Brexit would be good

for the UK economy in the long run. Again that's because they think trade is a good idea,

but the UK could trade more if it left the EU. Here's Andrew Lilleco, a prominent

economist in the Leave campaign. For all the talk of there being 53 trade agreements or whatever that the people go on about.

The vast majority of the countries with which the EU currently has trade agreements outside the EU

are countries such as Guernsey, Jersey, Andorra, Sanarino, the Faroe Islands.

They really only have three deals of any significance which they've cut,

Mexico, South Africa and Korea.

They have no deals with any of these large countries at all. We're not giving up some

deal with these countries by leaving the EU. The EU just has been incapable of securing a deal

with those countries. So could we do better trade deals outside the EU? I spoke to someone who stands well to one side of the debate about Brexit.

Chad P. Bown, a senior fellow at the Peterson Institute for International Economics in Washington DC

and former lead economist at the World Bank. In terms of the UK's exports, like many

countries they've been shipping a smaller share of their exports to the continent,

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