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Norway is in a close relationship with the EU but is not a member. The 'Norway Model' has been floated as a possible 'plan B'

Norway is in a close relationship with the EU but is not a member. The 'Norway Model' has been floated as a possible 'plan B' for BREXIT. Discuss the 'Norway Model' and pre-Brexit UK relationship with the EU. Suggest whether the 'Norway Model' would suit the UK better than a no-deal scenario in terms of economic benefit (GDP, inflation, unemployment, interest rates and exchange rates).

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