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Current Event Econ Ans

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Running Head: CURRENT EVENT 1 Current Event: The Impact of Brexit on International Trade Name Institutional Affiliation CURRENT EVENT 2 Current Event: The Impact of Brexit on International Trade Brexit is the term used for the eventual withdrawal of the United Kingdom form the European Union which happened after the majority referendum voted. Future trade relations are affected by the withdrawal of the United Kingdom form the European Union. In an article put out in the European Financial Review, the author David Bartlett highlights the different areas that the withdrawal affected by categorizing the impacts into hard and soft. In discussing the article, this paper will focus on the effect that event had on international trade and how Brexit has affected the flow of goods or services internationally. Efforts were made to have extensive trade relations agreements seeing that the Article 50 which contains directions concerning free trade agreements between the European Union and the United Kingdom. Regarding international trade, the positioning of the UK, which is central in the transatlantic trade and extensively since it trades with the Commonwealth nations, will only be affe ...
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