b'Table 34WTO MembersMembership status: WTO member Observer negotiating accessionSource: World Trade Organisation ii. What is the level of revenue that wouldTo make it crystal clear: tariffs can only likely flow each way? The key point is thatbe negotiated down (not up) because if a the UK has a large deficit on visible tradeMember State leaves the EU, then regardless with the EU27 and would gain tariffof European law, its GATT/WTO obligations revenue on imports commensurately. Thiscontinue unaltered. A state cannot increase net gain would be quite large. So on theits bound tariffs; i.e. the tariffs it currently reasonable expectation of increasedapplies under the GATT/WTO.revenue, why is the UK Treasury so opposed to proper Brexit? 64'