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Project Report- Impact Of Brexit On Trading Business Organization (UK)

   

Added on  2020-02-05

6 Pages1549 Words87 Views
ACADEMIC SKILL1

Table of Contentsessay.....................................................................................................................................................31.......................................................................................................................................................32.......................................................................................................................................................33.......................................................................................................................................................4Summary...............................................................................................................................................5REFERENCES.....................................................................................................................................62

ESSAY1As per the scenario, it has been given that UK's withdrawal from the European union. Bythis happing their has largely impacted on the entire procedure of business organisation. Thewithdrawal of United kingdom from the European union is known as the Brexit. There has beenlittle attempts to quantity what an exit from the EU would do to the size of the UK economy, despitethe obvious pitfalls of trying to pout the figure on a hypothetical situation that has a number ofvariables such as what sort of trade deals are negotiated post Brexit. In this project report, as amanager of the trading company my focus on the topic is that what are the exact area which hasinfluenced by the Withdrawal of UK from European union. In this project report, the impact ofBrexit upon the trading business organisation in the UK has been addressed.2As per the discussion it has been ascertained that there has largely influence of Brexit uponthe trading businesses in the United kingdom. In the project my tops is trading business, I willanalyse the impact of this Brexit on my trading business. all people who are involved in thebusiness enterprise has affected by the Brexit (Kreindler, Gilbert and Zimbron, 2016). There majorarea which has affected by Britx re as follows-The biggest part of my business is exporting to the EU. Since the Brexit vote, trade hascarried on as normal , but it depends in Europe, not on domestic demand.The brexit decision essentially switches the UK from the latter option to the former. It cutoff access to the tariff free single market, but it also offers the UK enough flexibility to formits own business friendly policies with trading nations (Ferraro, 2016).In the trading business organisation, the Brexit can largely affected on the procedure andsystem of business enterprise. Official trade statics show that the European Union is thedestination for about half of all British good exports. The united kingdom trade freely withbecause they have a free trade agreement with the European Union. These agreement meansthat 63% of British goods exports are linked to European union membership (Crabb, 2016).As per the discussion it has been shown that there are various area which will affected by theBrexit. Many of the impact may positive and many of the impact may negative. The opportunity fortrading business by happening of Brexit is that all the momentum funds are positioned short thepound against the dollar. All the risk parity funds are positioned towards mean reversion that is3

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