Being outside the EU decreases the bargaining power of the UK
VerifiedAdded on 2022/12/15
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AI Summary
This essay explores the key implications of UK's exit from the European Union in relation to the decrease in bargaining power of the UK. It discusses the impact on trade agreements, volatility in the economy, tariffs, and the financial services sector. It also examines the economic arguments and the potential effects on GDP growth, inflation, and employment. The essay concludes by discussing the future trade agreements and the challenges faced by the UK.
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