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(PDF) Negotiation: Theory and Practice

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Added on  2021-02-19

(PDF) Negotiation: Theory and Practice

   Added on 2021-02-19

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NegotiationTable of Contents1
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INTRODUCTION...........................................................................................................................1Impact of Brexit on political, public and on market....................................................................1Negotiation package....................................................................................................................2Disadvantages which UK will go through during Brexit............................................................4Alternatives for handling loss......................................................................................................5BATNA for UK and EU if deal is not accomplished..................................................................6Conclusion.......................................................................................................................................7References........................................................................................................................................82
(PDF) Negotiation: Theory and Practice_2
INTRODUCTIONBrexit denotes withdrawal of United Kingdom from European Union. EU denotespolitical as well as economic partnership which involves around 28 European countries (Gudginand et. al, 2018). This was started after World War Two for fostering economic co-operationwith an idea those countries which are trading their operations together aims at avoiding warwith each other. This has become a single market that allows people and goods to move allaround as if they were operating as a identical countries. EU have their own currency i.e. euro, itis used by around 19 member countries, have their own parliament along with this they havetheir own set of rules which comprises of consumer rights, environment, transport and eventhings like mobile phone charges. Negotiations have been occurring among European Union andUnited Kingdom for planned exit of UK from EU which is commonly referred to Brexit. Theperiod of negotiation was started from March 29, 2017 where UK have given withdrawal noticeunder Article 50 of Treaty on European Union (Whitman, 2017). This period was stipulated toend by March 29, 2019. This paper will illustrate Brexit and UK negotiations with EU along withelements like public, market and political services. Furthermore, the package which was given byEngland which will facilitate both parties and disadvantages that will be faced by UK due toBrexit. Apart from this, ways in which EU with negotiate with other countries who are part ofBrexit after negotiation. Along with this, BATNA is analysed if some elements are not agreedupon.Impact of Brexit on political, public and on market.UK is a major player within EU which acts as an asset for Union but it also createdhindrance. UK is an influential player within Council of European Union and EuropeanParliament. Its lack will create impact on ideological balance. Progressive alliance of Democratsand Socialists will lose their members from UK's labour party. With respect to this Parliamentmay pass extra regulations, there may be less support for copyright protection, smaller budgetsmay be passed and there may be support for financial transaction and tax harmonisation. UK hasbeen a major assets within EU in the fields of defence as well as foreign affairs. There can belong term loss in terms of GDP for economy of UK as it will act as a single market (Taylor-Gooby, 2017). An example can be taken to illustrate this like United Kingdom have maintained3
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