The presentation will address the trade policy possibilities in a world where the UK is leaving the EU, and will therefore be able to negotiate free trade agreements by itself, and where the incoming US president has announced that he will not sign the TPP. We will evaluate the feasibility of a Prosperity Zone – a like-minded group of countries including Singapore, New Zealand, Australia and the UK, and then perhaps the NAFTA group in the future – as a way of dealing with the most pressing problems in international trade today. Many of these newer barriers relate to domestic regulatory barriers, so-called Anti-Competitive Market Distortions (ACMDs) whose reduction would yield transformational gains for economies that outweigh the gains that come from a mere reduction of border barriers. Finally we will look at the strategic moves necessary to achieve this objective.