The Effects Of Brexit On The International Trade And Foreign Investments

Introduction

            On June 23^rd, 2016, the people of Britain made a decision, to exit the EU in a move termed as the BREXIT. The vote will, however, have severe repercussions to the nation and other countries for years to come. For instance, the BREXIT will affect the country’s International Trade Agreements by increasing the trading costs and will reduce UK’s FDI by 22%, hence damaging the country’s productivity and real income. This essay takes a look at the effects of the BREXIT on UK’s International Trade and the foreign investments in the country.