Impact of Brexit on Global Trade and Business

The provided report concludes the impact of Brexit on Britain's economy, trade, and business landscape. It discusses how Brexit has affected the country's relationship with Europe, the global trade landscape, and the opportunities and challenges faced by businesses in a post-Brexit era. The report also examines the effects of Brexit on various industries, including aviation, finance, and agriculture, and provides insights into the future of trade and business in a post-Brexit world.

BREXIT AND THE CHANGING
GLOBAL TRADE LANDSCAPE
POST

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1. Key trends in trade of goods and services between Commonwealth Countries (1100).....1
2. Impact of Brexit on trade and investment within the aviation sector in the UK. .............3
3. Challenges and opportunities of a multinational enterprise (MNE) in London post Brexit in
relation to changing global trade landscape:..........................................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................9

INTRODUCTION
The Brexit and thee changing global trade determine when the Britain out from the
European union they the Britain individually established their personal law for the countries
people (Mendez-Parra and et.al ., 2016). The report will discuss about the tends of good and
service between the commonwealth countries and impact of BREXIT trade on aviation sector
and the opportunities and challenges of multinational enterprise in London to changing trends in
UK.
MAIN BODY
1. Key trends in trade of goods and services between Commonwealth Countries
The key trend in trade of goods and service between commonwealth countries defined
changes and services between one economy and another. The countries comprised sales goods
and services of better transaction of good exchange as part between resident and non- residents
The transaction measure a million USD and percentage of net trade and also annual growth for
export and imports. The commonwealth countries which is exchange good and services to
another countries are- Belize, Botswana. Brunei, Cameroon, Austria, Antigua and Barbuda etc.
when the Britain exit to the with European Union they change the laws and regulation and make
new law for countries which defines on the good and service (Hatzigeorgiou and Lodefalk,
2016).
The key trends between the commonwealth countries upon the good services they change
their countries global laws and regulation and make new laws for the countries towards all the
good and service, the key trends define as the ratio between the import and export price, and the
commonwealth countries are set their own goods and service related price. The key trade in
goods comprised all products which subtract, add and the stock resource of country by entering
its economy export a leaving import. And the trend in service defined the value exchange
between non- resident of economy and the service trend also include insurance and financial
service, computer and information service, constriction services and other business related
services etc. (Secretariat, 2017). The commonwealth countries adopt the trends service in their
countries after the Britain exit the European Union they adopt the key trends of good and service
which include to exchange good and service to one country the another.
The key trends between commonwealth countries they add domestic values in the good
and services like by economy between the commonwealth countries are added in gross is an
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estimate value and producing service and goods for export. All countries performed overall
import and export and accept the internal demands for the countries. The high value of economy
is more open, integrated and competitive. The economy changes over time according to country
performance and their overall growth. The most common trends in good and service between the
commonwealth are to ownership of marital resources and service between one economy and
another. The trends of good and service mainly measured annul growth for import and export.
Moreover, the key trends accomplished the market of commonwealth countries and also
deal with good dealer within the market. The commonwealth countries have the key trends
according to key trends of good and service which is focus on the economy of the counties and
they also change according to the market trends. The commonwealth countries supply the goods
and service to the countries and running the business but their main purpose is implement their
own laws and make business according the laws (Applebaum, 2017). The great advantages for
the commonwealth countries they are separated to the European countries and they not
committed to any other another countries laws. When the Britain exit from the European
countries they Britain make new laws and they adopt the new service and good trend in their
countries which is help to import and export the product to the countries and good dealing with
other countries. After the Brexit the commonwealth states changes their all regulation and rules
and that impacts going to the country economy. The business of good and service between the
commonwealth countries make profit for the Britain because the trade of service or product are
dealing with commonwealth countries this make large profit and they gross value increased.
Apart from that, the commonwealth creates small part of UK trade. 9% of total UK
export going to the commonwealth in 2015. And the 44% of the European Union against the
commonwealth. The UK goods export to the commonwealth nearly doubled from just under 13
billion in 1999 to close to 25 billion to 2010. But trends has reversed. UK goods export to the
commonwealth fell from 29.9 billion 2013 to 25.1 billion in 2015. The many big players in
commonwealth which are making large business in UK economy. The UL have many business
partners in the commonwealth countries and this faster growing. The main part is the
commonwealth trade in focus as UK prepare for the Britain exit. The commonwealth boosting
the first meeting among 52 members of the nation and after that UK plane to leave the Europe
Union. It also may be great opportunities for the UK government and Brexit. After the leaving to
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the UK trade they established their good relation with other countries to establish the goals and
objective behind them. This may also defines the securing relationship with nation.
Moreover, the additional benefits to apart from the EU the countries and government
have many opportunities for the exchange trade with other countries. According to the data
commonwealth have many benefits to make trade between the countries. 1999 to 2015 the
commonwealth having many benefits to dealing good and services import and export the
business. The commonwealth consist 53 states and they are independent state which compare to
large and small to developing and developed (Lai, and Pan, 2018). The commonwealth countries
main advantage they are dealing good and service through government and priority base. The
commonwealth countries government promotion their good and service an also provide the
technical advisory and members to helping governments achieve sustainable. The turnover of
commonwealth of this century the total of export good and service has increased three fold $1.3
trillion to $3.4 trillion and the annual average growth of commonwealth trade during 2009-13 I
lower 4.3 percent and the expand more than $1 trillion from $2.3 trillion in 2009 to about $3.4
trillion in 2013. About the data the commonwealth have opportunities to trade with UK and it
has also increased the revenue and make opportunities in for the UK people which have many
resources which make large business upon the countries. The trades related to the countries
people defined the enlarge bushiness with independently to the other countries and make profit.
Recommendations- After the Britain out from the European union the Britain should make their
own laws and start business with the commonwealth countries, for the improvement britain
has t connected with UK to merge business and import and export good and services.
2. Impact of Brexit on trade and investment within the aviation sector in the UK.
The impact of Brexit on aviation sector of UK the primary estimates suggest that the
number of UK air passengers could be 3-5 % lower by 2020 and down by expected downturn in
economic activity and the fall in the sterling exchange rate. The major impact of 'Brexit on UK
air transports is economic impacts, regulatory impacts. This is the most impacts which is on UK
aviation sector.
Economic impacts – In this the most two variable are impacts most the UK Air transport first is
economic activity and the second is exchange rate.
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 Exchange rate impacts- It determines the according the new technology development and
the market price high the air transport also make to change their rate for the
transportation. The exchange rate affects the price of travel and their direct impact
ongoing to the market. This impact affects more than economic effects (Kahler, 2018).
The customers are less adopts the facility of the air transportation and according to
previous year the transportation is more than having loss. The sterling will affects the
purchasing power. The most effect of the GBP depreciation on air transport hinges on
tow key variable the first is bounded and unbounded shares of air travellers and the
sensitivity of inbound air traveller to the exchange rate.
 Market access- In the UK has the biggest market for the air transportation but the main
impact goes to the UK economy is to broad the market strategy and exchange the rate of
market, main issue is not just relevant to UK customers and airlines but the major issue is
the many operation between UK and EU and that are comprised the UK economy power
and make merger business. In addition to market access many enter in various technical
programs to provide facility to the passenger and this scheme for the passenger It also
help to impact on UK competitive (Kalotay, 2017). About the consolidation in
understanding the regular implication of Brexit has various impact on the aviation
market.
 Policy freedom- The UK is always covering all area of the air transportation business and
rules are affecting security and safety to consumers protection. The UK government have
to established many laws for the UK government so they also made a rule of the UK
people in aviation sector for customers safety or their security. The main aim to
established rules for the UK people to having safe journey and also have safe security to
people. Which most impact going to market and customers aware for the freedom policy.
Regulatory impacts-
This impacts going to immediate change to the regulatory impacts on environment. This
impact defined the changes of economy, this impact indicate that the timing. The UK
government complete all process according to time. The regulatory impact going to UK economy
to define the roles of all employees the sector which is defined the accomplished of business.
The UK need to agree the following -
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 Making new relationship with the rest of the world.
 New trading relationships with EU.
All those changes accepted to incorporated into the UK domestic regulatory and
legislative framework. The air transportation the most impact goes to the UK regularity is the
lack of customers attraction to the business and that impact going to the UK aviation. Te impact
of the regulatory, changes always make new changes to the world, business and the country and
the UK aviation also have to change the rules when the Britain out form the European country
and that's most effects goes to the UK people they have new rules for the government some
impacts is good and some impact is not good. When the changes are around the UK people have
to change this economic impacts on the country site. (Dörry, 2017) The UK people are mostly
having those facilities which they have tp suggested to anyone. The air transportation hardly care
for passengers which are travel in the aviation sector and this sector give passenger to many
deals and exclusive offer for the customers.
That impacts going to the aviation n market and they increased their promotional
activities which is only followed the rules of the company. For the regularity impacts the aviation
sector is defined the various factors and eternal environmental resource are effects to the
business industry which defied the role of business. When the Britain out from the European
union they decided the law to make new law for the government and also make the plane of for
the business and increased the aviation sector because UK people mostly prefer the air transport
to the personal purpose and business purpose. Which impact going to the UK air industry and
expand their businesses with the UK economy (Rowe and et.al., 2018). The main purpose of
business to growing business economy for the special purpose and the to target market.
Recommendations- The aviation sectors are impacts on the UK people because they have motive
to increased productivity. The aviation sectors should have to implement strategy which effects
going to the UK economy and increased faster after the Brexit.
3. Challenges and opportunities of a multinational enterprise (MNE) in London post Brexit in
relation to changing global trade landscape:
When the firm decided to expand business they most considered about the market and
their variable, different types business procedure and their impact on the business And the
organization also considerer about the strategy and whether forming a joint venture with local
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company might best suits objectives. The multinational company have any challenges and
opportunities of multinational business and they are accepted each challenges in the sector. The
most common challenges of the every enterprise faced in market is the competitors, they are only
challenges for the better quality product in market. UK multinational are already made quality
product which export their product to their other company (Salama-Carr and et.al., 2018). The
main thing in the MNE the business are had to expand is necessary because the government
specially give them permission to success business largely and also make the great empire in
business. When the Britain out the Europe union the Britain decided to newly start business in
the UK and import and expert the business. The various area multinational enterprise are face
challenges which is discussed below- Product strategy- Introducing to a foreign country and organization needs to conduct
market research to determine weather adaptations need to be made. In the market many
product strategy adopts business and the UK multinational after the BREXIT they
accept the challenges in market to adopts strategic development to expands the business
(Drache, 2016). The UK leading MNE to expands business in other countries and also
make growth in the business. They trying to having product strategy where the UK are
developed various quality product which is expanded business. After Foreign government regulations- When the Britain out from the Europe union they face
many challenges dealing with different set of government regulations and that any caused
additional cost. The Britain when the apart from the EU they established their newly
business among with government and main thing is realized the customers. For the
multinational companies main challenges faced by their competitors is the product
strategy. UK has many leading strategy which is make strategy to build business very
fast and growing the best part of UK people they are only purchases ethos thing which
have quality and material good that's why Britain start their business with limited
resource and make them multinational enterprise. Humans resource- In the multinational enterprise the human resource are able to take
challenges in organization like after the BREXIT the multinational enterprise human
resource are able to take challenges in market (Downes, 2017). For the competitor they
are ores it the various kind of product and the material in the market which is UK people
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mostly liked. And the human resource also able to take decision in the employees are
because they are only who make attractive product for the country people. To accept the
challenges for the another countries people the human resource start recruitment and
appoint new employees and take new ideas for the product development.
 Operations coordination- After the BREXIT the multinational firm faces the challenges
of deciding how to coordinates and sterling operations between home country and its
foreign operations. In UK the several numbers of people are have to take decision for to
increased market and expands business in the country. A certain number of local expert
need to brought on broad to ensure that the firm is bale to effectively network and
communicate.
Opportunities- After the BREXIT the opportunities occurred in the UK to expand business and
increased turn over of business. The opportunities in MNE to developed in the many expanded
area her the business are occurred large manner. In the UK MNE faces many opportunities in
digital and non digital world like they serve their business according to organization. Changing
global trade after the Brexit the MNE have opportunities to start business apart from the EU, this
is the biggest opportunities for the multinational enterprise because they have to accept the
challenges to start business separate and according to the government laws. And the UK
government help to expand business which include all tax and policy which is offers by the UK
government also help to adopt opportunities to serve their service to the UK people.
The main opportunities is the MNE they only export expensive service to the other
countries form that the countries having profit in the area of MNE. The biggest opportunities in
the UK MNE according to changing global trend in the UK many organization can adopts the
opportunities to have merged businesses with other countries and the UK also adopts to the
expand business with others countries and supply good them (Appleby and Harrison, 2017).
They have opportunities to supply good and service to another countries and expand business. To
the chge trade after the BREXIT UK government decided to make new transports and business
strategy to deal with other countries people for established business it necessary to understand
the opportunities' arr come one time and Britain government acceptor the opportunities to start
business another countries.
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Recommendations- After the Brexit the MNE are faced many challenges and opportunities for
that Britain should developed their own rules and their own function which benefit to the UK
people. They should have lots oh opportunities in their area like goods and service etc.
CONCLUSION
In the above report, it is concluded the after Britain out from the European union how
they start trade with global industry. The report concluded the what impact are overcome to the
commonwealth countries and how they start their business and exchanges good and service with
commonwealth countries (Ezeani, 2018). The report also concluded the impact of BREXIT to
the aviation sector and investment production and the challenges or opportunities of
multinational enterprise in London post Brexit within to changing the global trade landscape.
The main aim of report to conclude about the changes in Britain after the Brexit and how the UK
government support to start business.
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REFERENCES
Books and Journals
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a changing regulatory landscape. Journal of Water Law. 25(3) pp.124-132.
Dörry, S., 2017. The geo-politics of Brexit, the euro and the City of London. Geoforum, 85, pp.1-
4.
Downes, C., 2017. The post-Brexit management of EU agricultural tariff rate quotas. Journal of
World Trade. 51(4). pp.741-762.
Drache, D., 2016. Post Brexit and the Crisis of Trade Multilateralism: Heartbreak or Mess?
Ought We Be Worried? Conference Draft.
Ezeani, E., 2018. Comparative advantage in de-globalisation: Brexit, America First and Africa’s
Continental Free Trade Area. Journal of International Trade Law and Policy. 17(1/2).
pp.46-61.
Hatzigeorgiou, A. and Lodefalk, M., 2016. The Brexit Trade Disruption Revisited. The Estey
Centre Journal of International Law and Trade Policy. 17(1). pp.41-58.
Kahler, M., 2018. Global Governance: Three Futures. International Studies Review.
Kalotay, K., 2017. The Shifting Landscape of Global Foreign Direct Investment: Emerging
Patterns.
Lai, K.P. and Pan, F., 2018. Brexit and shifting geographies of financial centres in Asia.
Geoforum.
Mendez-Parra, M., and et.al ., 2016. The impact of the UK's post-Brexit trade policy on
development.
Rowe, N., and et.al., 2018. Researching dance education post-2016: the global implications of
Brexit and Trump on dance education. Research in Dance Education, 19(1). pp.91-109.
Salama-Carr, M., and et.al., 2018. Translation and Interpreting in a Post-Brexit Britain. In
Languages after Brexit (pp. 207-218). Palgrave Macmillan, Cham.
Secretariat, C., 2017. Post-Brexit Trade with Small Developing Countries: Making it
Development-Friendly. Emerging Trade Issues for Small Developing Countries, pp.139-
150.
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