In: Operations Management
Brexit: What were the better circumstances for the U.K. to leave the from E.U.? Explain on 2 paragraphs-Provide 1 reference.
The UK decided to leave European Union that significantly
affected the socio-economic perspectives of the entire European
Union. It affected the micro economic scenario of the UK. UK failed
to negotiate with a wide range of free trade opportunities with the
European Union countries ("Official website of the European Union |
European Union", 2020). The UK faces less red tape in their
business dealings. The free trade opportunities almost stopped for
the UK. However, there still better circumstances for the UK to
leave from the EU.
The UK could have stopped free transit for tourism purpose and
could have encouraged only free trade with the EU. It could have
satisfied business demand of the UK without affecting its economic
structure or increasing its migrant population. It could be
considered as soft Brexit where the UK could still have gotten
trade license to deal in the EU ("Official website of the European
Union | European Union", 2020). Moreover, the UK could limit inward
migration. Instead, the country could influence free trade
trip.
Reference
Official website of the European Union | European Union.
(2020).