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<p>The UK and the EU have agreed the Political Declaration, which sets the framework
for the UK’s future relationship with the EU. The UK and the EU recognise that this
means there could be a spectrum of different outcomes, and both have agreed that we
should be as ambitious as possible. The analysis shows that the modelled White Paper
scenario, and the sensitivity modelled around it, would support higher economic output
for all sectors, nations and regions than the no deal scenario. The average FTA, EEA-type
and no deal scenarios do not deliver the Government’s policy objectives.</p>
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