Economic Consequences of Brexit

Seminar paper from the year 2020 in the subject Politics - International Politics - Topic: European Union, grade: 1,7, University of applied sciences, Cologne, language: English, abstract: The aim of this term paper is to present the possible consequences for the United Kingdom after the implementation of the Brexit. First of all, it is dealt with the development of the Brexit over the last three and a half years. Next, the UK's relationship with the rest of the world and its economic situation will be described. Then the possibilities for the United Kingdom to continue using the global economic market after leaving the EU are discussed. Based on these options, the consequences that can result from a Brexit are then discussed. Special attention will be paid to foreign direct investment, as this is of partic-ular importance for the British economy. Finally, the results are summarized in a conclusion.