What are the likely effects of BREXIT on international trade within Europe?

What are the likely effects of BREXIT on international trade within Europe?
May 4, 2020 Comments Off on What are the likely effects of BREXIT on international trade within Europe? Uncategorized Assignment-help
Words: 125
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Subject: Uncategorized

1. -origin of the EU-development and growth of the EU- current membership of the EU2. -cost of EU membership fees- immigration- increase in the number of refugees coming to Britain to claim asylum- Britain’s ability to make its own laws- Britain’s status in the world- political relationship-travelling in the EU-threat to the Union3. Impact of BREXIT on the UK and other member nations’ economy- Article 50-having to negotiate new trade relationship-new EU import tariffs and possibility of facing non-import tariffs-decline in the value of Pound Sterling- reduction in Gross Domestic Product- Reduction in the size of trade market- inflation due to rising cost of food and other items imported from the UK- Ability of British citizens to live and work in other European countries