What is the likely effect of Brexit on the UK economy?

Less free trade with EU

The European Union is an important source and target for inward investment. Many European companies have invested in the UK and the UK earns revenue from investment in the EU. If the UK leaves the EU, this investment may be less attractive causing foreign firms to return to within the EU border. Companies like BMW has already warned workers of potential job losses in the case of a Brexit (1)

Fall in economic growth

Related Economics A Level answers

All answers ▸

What does the Price Elasticity of Demand measure? How is it calculated? And why is it important?


What are public goods and how do they lead to the 'free-rider' problem?


Use Extract D to identify two significant points of comparison between the balance of trade in goods and the balance of trade in services over the period shown.


How are inflation and unemployment linked?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2024

Terms & Conditions|Privacy Policy
Cookie Preferences