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Business Finance

Description

For this Discussion, you are asked to identify at least any Business article or journal that is on BREXIT. From the article or journal, you should be able to identify at least four (4) arguments for and four (4) against BREXIT. Give your opinion on whether BREXIT is a good or bad exercise in regard to the global economy. Also explain the possible effects on Multinational Enterprises (MNEs), and their global activities. It will be important that you explain fully the rationale for your answers.

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Explanation & Answer

Attached.

Running head: CLASS DISCUSSION

1

Glass half empty: The BREXIT
(Student Name)
(University Name)

BREXIT

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Abstract
The year is 2016, specifically June 23rd and citizenry of the Great Britain decides to end
their 40 year old membership with the European Union and chart their own path economically
and politically. A tight rope to walk on, between the 52 per cent of the populace opted for the
exit and today, 2018, arguments as to whether the exit from the EU. The proposers of the
referendum won by over 1.3 Million voters that was with a high impact, it resulted to the
resignation of the Prime Minister, David Cameron.

BREXIT

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The Pros & Cons of BREXIT
Arguments In Support of BREXIT
Many proposers of the massive exit argued that upon exiting the EU, there would be an
immediate saving of costs that normally Britain contributes to the EU Budget. For instance in the
2016 alone, Britain paid out 13 Billion pounds to the EU, but as it also received a portion of the
money worth of spend, the larger chunk was retained by the organization. What was obviously
hard to measur...


Anonymous
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