c. The United Kingdom (UK) left the European Union (EU) at the end of January 2020....

c. The United Kingdom (UK) left the European Union (EU) at the end of January 2020. Ignore any condition or terms of exit from the EU. Briefly describe the expected effect of UK’s separation/divorce from EU on the economies in rest of world. Refer to the definition that an economy is small when world prices and interest rates are independent of domestic economic conditions and your classification of the UK. (You are applying your knowledge about small or large open economy here)

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Rahul Sunny answered 1 year ago

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