Brexit impacts on Foreign Investment

Brexit Impact on
Businesses

Table of Contents
INTRODUCTION................................................................................................1
TASK ...............................................................................................................1
1. Brexit impact on Trade.............................................................................1
2. Brexit impacts on Foreign Investment.....................................................2
3. Brexit impact on Education......................................................................2
CONCLUSION....................................................................................................3
REFRENCES......................................................................................................3

INTRODUCTION
Brexit is defined as abbreviation of British exit which refers to the UK
decision. In a referendum on 23rd June 2016 as per the majority of Britishers
votes that supported in withdrawal of United Kingdom (UK) from the
European Union (EU). Therefore, Britain voted to leave EU. The UK is
generally known as one of the best country for the purpose of starting
business which could change due to major impact of Brexit on organisations
(Ciuriak, D., and Dadkhah, A. 2017). There were various effects of Brexit as
British pound fell to the lowest level and several changes occurred in the
inflation rates, manufactured products, transport equipment’s, food
products, petroleum products, tobacco and alcohol and many more. This
report is based on Brixit impacts on the businesses and consider some
findings or discussion by undertaking relevant arguments. It will cover
various positive and negative points as per experts views regarding the
Brexit.
TASK
1. Brexit impact on Trade
Brexit was coming from a long time as Britain has wanted to leave the
European Union. The outcome of the UK's EU referendum or votes and
looming exit negotiation, there are major effects of Brexit that effects on the
trade flows between the UK and the EU. According to Lianna Brinded, Hard
Brexit will fall £ 17 billion (around $22.7-billion) from annual EU export
revenues across the key UK manufacturing sector (Xiao, J., 2017). The reason
behind this is increased prices for UK exports so EU consumers switched to
the domestically produced products.
The European Free Trade Association (EFTA) was established in the
year 1960 where UK founded members. In this, if EU decide to change its
various policies and procedures then it directly impacts on the UK as they
will lose its access to the single market.
1