Brexit? The Eurozone? The European Economic Area? The European Free-Trade Area? The European Customs Union? Whaaat?
A graphic that hopefully clarifies the complex structure of the European Union and the UK’s various routes and options for Brexit.
UPDATE 3rd July 2017: It’s getting complicated! Added 2 more Brexit routes. See the first version.
UPDATE 1st AUG: Detailed UK opposition party Labour’s positions. Refined ‘Free Trade Brexit’ & typical negotiation times (from here). Clarified a key difference between EEA (good & services) & Customs Unions (just goods). Read a useful, clarifying article
UPDATE 28th AUG: UK opposition party, Labour, has now consolidated under a “soft Brexit” position.
Originally inspired by this Bloomberg graphic.