What is the likely effect of Brexit on the UK economy?

Less free trade with EU

The European Union is an important source and target for inward investment. Many European companies have invested in the UK and the UK earns revenue from investment in the EU. If the UK leaves the EU, this investment may be less attractive causing foreign firms to return to within the EU border. Companies like BMW has already warned workers of potential job losses in the case of a Brexit (1)

Fall in economic growth

AW
Answered by Ana W. Economics tutor

2036 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

What is comparative advantage?


Assess how important government policies, other than taxation, are to a business when deciding where to locate its operations. (12)


What is inflation?


Assume the market for Easter rabbits is currently at long term equilibrium. Assume Australia is the largest supplier of easter rabbits. A sudden explosion in the rabbit population of Australia leading up to Easter. How will the market react?


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

MyTutor is part of the IXL family of brands:

© 2026 by IXL Learning