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Title
Economic Causes & Long-Term Effects of Great Britain's "Brexit" from the European Union
Description
Over the course of the next two years, the United Kingdom and the European Union will be participating in Brexit negotiations over the United Kingdom's withdrawal from the European Union. This paper discusses in-depth the expected economic effects of Brexit. To satisfy the desires of those who voted to leave the European Union, the United Kingdom will leave the European Single Market, creating barriers to trade. In exchange, the long-term effects for the United Kingdom and the European Union are expected to be negative. Despite this, it appears that negative effects on British direct foreign investment have been overstated and the European Union may be able to benefit from a well-handled relocation of financial services inside the European Union. The paper also makes a few suggestions regarding Brexit negotiations, advising the United Kingdom to make concessions to European Union in areas such as contributions to the European Union budget for increased goodwill and greater access to European markets.
Date Created
2017-05
Contributors
- Bennett, Luke Andrew (Author)
- Hill, John K. (Thesis director)
- Mendez, Jose (Committee member)
- W. P. Carey School of Business (Contributor)
- Economics Program in CLAS (Contributor)
- School of Mathematical and Statistical Sciences (Contributor)
- Barrett, The Honors College (Contributor)
Topical Subject
Resource Type
Extent
42 pages
Language
Copyright Statement
In Copyright
Primary Member of
Series
Academic Year 2016-2017
Handle
https://hdl.handle.net/2286/R.I.43018
Level of coding
minimal
Cataloging Standards
System Created
- 2017-10-30 02:50:58
System Modified
- 2021-08-11 04:09:57
- 2 years 8 months ago
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