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Post Brexit and the Changing Global Trade Landscape: Impact on UK Aviation and Multinational Enterprises

   

Added on  2024-06-05

17 Pages4112 Words226 Views
Economics
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Post Brexit and the changing global trade landscape
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Post Brexit and the Changing Global Trade Landscape: Impact on UK Aviation and Multinational Enterprises_1

Table of Contents
Introduction......................................................................................................................................3
An overview of the key trends in trade of goods and services between Commonwealth countries4
Assessment of the impact of Brexit on trade and investment within the aviation sector in the UK6
Possible challenges and opportunities from the perspective of a multinational enterprise (MNE)
in London post Brexit within the context of a changing global trade landscape.............................8
Conclusions and recommendations...............................................................................................12
Reference list.................................................................................................................................14
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Post Brexit and the Changing Global Trade Landscape: Impact on UK Aviation and Multinational Enterprises_2

Introduction
In this jeopardized business environment, globalization has created adverse impact on overall
performance at global scale. Globalization refers to the increasing trend of interaction between
people and companies within worldwide scale. With the intense transformation within
technology and global trend of business, organization has faced both positive as well as negative
consequences. This report will enlighten the key trends in trading service between
commonwealth countries for understanding this substantial impact. Impact of Brexit in the UK
aviation industry will be narrowed down to understand current link of economy as well as global
business performance. Difficulties in Multinational bushiness preference will be analysed to
identify the field of business improvement.
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Post Brexit and the Changing Global Trade Landscape: Impact on UK Aviation and Multinational Enterprises_3

An overview of the key trends in trade of goods and services between Commonwealth
countries
Key trends of goods and services are required to be analysed for understanding following status
of trade in common wealth countries. These key trends are as follows:-
Volume in international trade in goods
Trade flows across region
Market share of trade in services
The reflection of these keys is indicated in trade through import as well as export propensity. As
per report of 2013, combined exports of goods and services are valued at $3.4 trillion. Here 53
commonwealth members are combines and 15% of total world exports have been visualised.
Since 2000, members have collectively grown their share just above 50 percent. In this
landscape, growing significance of developing countries in the world economy has presented
vast trading opportunities for the commonwealth members. In China, commonwealth member’s
trade expansion is assumed as spectacular nature. Average 12 percent of commonwealth goods
import is sourced from China (thecommonwealth.org, 2015).
2012 2013
12%
14%
16%
13%
15%
Share in exports of goods and services
Share in exports of goods
and services
Figure: Exports share of goods and services in commonwealth countries
(Source: thecommonwealth.org, 2015)
Impact of key trend in the commonwealth countries from the scenario of business economy
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Post Brexit and the Changing Global Trade Landscape: Impact on UK Aviation and Multinational Enterprises_4

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