Predict the short-term and long-term impact of brexit

Reference no: EM133319172

Question: The UK formally exited the European single market on 31 December 2020. While it requires more time to see the exact economic effects of this event on the UK, to a large extent, its short-term and long-term Impacts can be analysed and predicted using trade theories and patterns in historical and current data. Please use one or more theories you have learnt in Semester 1 lectures, combined with an analysis of real-world data, to predict the short-term and long-term impact of Brexit on the UK economy.

Reference no: EM133319172

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