One of the consequences of the move in the terms of trade against the UK is that we will have to export much more and to places much further away to pay for our essential imports. This lecture explains the likely scale of these shifts and puts them into international context. It also examines some of the consequences of a much higher ratio of traded exports to GDP than has traditionally been the case.

The transcript and downloadable versions of the lecture are available from the Gresham College website: http://www.gresham.ac.uk/lectures-and-events/the-changing-shape-of-uk-trade

Gresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 1,500 lectures free to access or download from the website.
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