A report from the ESRI claims a British exit from the European Union could lead to lower wages, higher prices and major trade losses for the Republic.
British prime minister David Cameron has committed to holding a referendum on EU membership by the end of 2017.
CONTINUE READING BELOW
The ESRI says it could also lead to passport controls at the Border and restrictions on free movement between Britain and Ireland for work.
Associate Research Professor at the ESRI Edgar Morgenroth, says many Irish companies are heavily reliant on the British market for trade and would suffer badly if it left the EU.
