Should The British Government Be Withdrawn From The European Union?
1.0 Introduction
Proceeding the 12 point objective plan, the prime minister Theresa May has suggested that the British government does not want to continue its part in the union as a single market. The market that intended to increase competitiveness, specialization and scale of economy therefore to allow products to be transferred to a place where it is valued most effectively and efficiently. Where some of the products and goods are dealt with according to EU legislations.
2.0 The Brexit
Brexit is a title used for the plan of the British government to be withdrawn from the European Union; BR (British ) exit. After people of UK voted in 2016 referendum campaign favor leaving the European Union, The British government has started the withdrawal process in March 2017, …show more content…
As many international companies are in the UK for the benefit of EU trade, so if that would be the case they will be out .
The referendum will open trade contingencies with other countries such as brazil and china hense removing UK from the 46 trade agreements that the European Union has with other countries. Dealing with new tariffs, restrictions and barriers this would cause a major obstacle to the British . EU trade deals are worth a huge amount to the UK. Consider the South Korea agreement, which has been in force since July 2011. British merchandise exports to South Korea in the first half of 2012 were more than double exports from the same period in 2011 when there was no agreement. This was in spite of the recession. If UK leaves the EU, it will lose this agreement with the result that British exporters to South Korea will be at a huge disadvantage compared to their German, French and Italian competitors. This will not solve the problem that exports will be made more easily because they still have to follow European trade rules
Proceeding the 12 point objective plan, the prime minister Theresa May has suggested that the British government does not want to continue its part in the union as a single market. The market that intended to increase competitiveness, specialization and scale of economy therefore to allow products to be transferred to a place where it is valued most effectively and efficiently. Where some of the products and goods are dealt with according to EU legislations.
2.0 The Brexit
Brexit is a title used for the plan of the British government to be withdrawn from the European Union; BR (British ) exit. After people of UK voted in 2016 referendum campaign favor leaving the European Union, The British government has started the withdrawal process in March 2017, …show more content…
As many international companies are in the UK for the benefit of EU trade, so if that would be the case they will be out .
The referendum will open trade contingencies with other countries such as brazil and china hense removing UK from the 46 trade agreements that the European Union has with other countries. Dealing with new tariffs, restrictions and barriers this would cause a major obstacle to the British . EU trade deals are worth a huge amount to the UK. Consider the South Korea agreement, which has been in force since July 2011. British merchandise exports to South Korea in the first half of 2012 were more than double exports from the same period in 2011 when there was no agreement. This was in spite of the recession. If UK leaves the EU, it will lose this agreement with the result that British exporters to South Korea will be at a huge disadvantage compared to their German, French and Italian competitors. This will not solve the problem that exports will be made more easily because they still have to follow European trade rules