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    International Business

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    191-006 PC-Riasad Nur Safin
    1. The document discusses Brexit and its potential impacts on Britain and its trade relations. Brexit refers to the UK leaving the European Union. 2. A referendum was held in June 2016 where 52% voted to leave the EU. This will allow Britain more autonomy over its trade deals and immigration policies. 3. Britain imports more than it exports and relies on trade with Europe. Leaving the EU could disrupt these trade relationships unless new agreements are made.

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    International Business

    Uploaded by

    191-006 PC-Riasad Nur Safin
    24 views9 pages
    1. The document discusses Brexit and its potential impacts on Britain and its trade relations. Brexit refers to the UK leaving the European Union. 2. A referendum was held in June 2016 where 52% voted to leave the EU. This will allow Britain more autonomy over its trade deals and immigration policies. 3. Britain imports more than it exports and relies on trade with Europe. Leaving the EU could disrupt these trade relationships unless new agreements are made.

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    Course name: International Business Green University Of Bangladesh

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    International business ppt

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    1. The document discusses Brexit and its potential impacts on Britain and its trade relations. Brexit refers to the UK leaving the European Union. 2. A referendum was held in June 2016 where 52% voted to leave the EU. This will allow Britain more autonomy over its trade deals and immigration policies. 3. Britain imports more than it exports and relies on trade with Europe. Leaving the EU could disrupt these trade relationships unless new agreements are made.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    24 views9 pages

    International Business

    Uploaded by

    191-006 PC-Riasad Nur Safin
    1. The document discusses Brexit and its potential impacts on Britain and its trade relations. Brexit refers to the UK leaving the European Union. 2. A referendum was held in June 2016 where 52% voted to leave the EU. This will allow Britain more autonomy over its trade deals and immigration policies. 3. Britain imports more than it exports and relies on trade with Europe. Leaving the EU could disrupt these trade relationships unless new agreements are made.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 9

    • Md masud Rana 191906002

    • Riasad Nur Safin 191906006


    • Salman Bhuiyan 191906015
    • Rakibul Hasan 191906016
    A DETAILED ANALYSIS OF POST-
    BREXIT SITUATION IN BRITAIN
    WHY BREXIT?

    • People of Britain has given power of decision making of their country


    • Britain trade rules are bounded by the European law
    • After Brexit Britain can negotiate the terms and condition of the trade with different countries
    BRITAIN TRADE

    • Britain imports more than it exports


    • Britain is a big economy and has low resources, hence it is depended on Europe, China and
    India for its imports
    • Europe has been providing free trade area to Britain until now
    WHAT IS BREXIT?

    • Brexit is the prospective withdrawal of the United Kingdom from the European Union.
    • A referendum was held on Thursday 23 June, to decide whether the UK should leave or remain
    in the European Union.
    • Leave vote: 52% The referendum turnout was 71.8%, with more than 30 million people voting.
    It was the highest turnout in a UK-wide vote since the 1992 general election.
    MAJOR ASPECTS OF BREXIT

    1. High level of intra EU trade dominated by Germany France, Poland and other countries.
    2. Extent of UK dependency on EU investments & jobs
    3. Intra-EU Labor Migration from Greece and low income counties of Europe to England.
    4. EU rules & regulations of EU Parliament controlling the British Parliament.
    5. Environmental policies including carbon trading is burdensome to the British economy.
    6. Real wages/Living standards inside and outside of the EU are below the standards of
    England.
    REASONS FOR BRITAIN'S EXIT FROM
    EU:
    • Immigration:
    The main reason for Britain's exit from the EU is the problem of immigration. Any EU citizen can work in
    any member nation of EU. Approximately, 1 million people migrated to Britain in large numbers.
    • Loss of Employment and Employment Opportunities:
    As due to immigration of low skilled people who will work for less salary, Britain's citizens lost their
    employment and also resulted in reduction of salaries for British people.
    • Sovereignty:
    Britain ruled many countries overall the Globe by making those countries as British colonies in 19 & 20
    centuries. Even though there are no colonies and colonialism of Britain at present it thought that the
    prestige of being sovereign power will be lost if it is under the leadership of all EU member nations.
    CONCLUSION
    • India has lost its gateway to the European Union with Britain exiting the EU. India is now
    forced to go into alliances with other countries of the EU. This could be good for India in the
    long run.
    • It is understood that India is already trying to build trade negotiations with the Netherlands,
    France, Germany, and others, although in a small way.
    • Netherland is India's top FDI destination as of now. As far as trade relations are concerned
    BREXIT could force India to build trading partnership with other EU nations in order to access
    the rest of EU market.

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