Task:
Essay Question:
Critically analyse the economic impact of ‘Brexit’ (Britain’s exit from the EU). Brexit means that the UK will be breaking away from its main trading partner; The European Union, and will therefore no longer benefit from the free trade deals within this trading bloc. Although this is causing much uncertainty and disruption, there could potentially be the opportunity for the UK to negotiate new or revised economic partnership agreements (EPA) or trade deals with those outside of the EU. Using the UK and one non-EU member state from the list below, discuss the economic implications of Brexit for these two countries, including: trade relations, FDI inflows and outflows, as well as each country’s forecasts, to assess the economic activity for these two countries as a result of Brexit.
Select one of these non-EU member states listed below to discuss alongside the UK in your essay. All of the countries below have signed trade deals with the UK, which will come into effect after Brexit:
●Switzerland (signed 11 February 2019) Trade between the UK and Switzerland was worth £32.1bn in 2017.
Aspects to consider:
●Any other relevant considerations, such as the anti-globalization critique or cultural implications, which are of particular relevance for the two counties?
Assessment criteria:
●Accurate use of the Harvard Referencing system.
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