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    Impact of Brexit On Other Economies of EU

    Uploaded by

    Sumair Khatri
    The document summarizes the potential impacts of Brexit on various economies. It states that Brexit will negatively impact the remaining EU members through reduced exports, especially in automobiles and chemicals, which make up 70% of total EU exports to the UK. Brexit is also projected to significantly slow the UK economy, making it 6.2% smaller than if it remained in the EU, due to reduced business activity, a weaker pound, difficulties financing trade deficits, and uncertainty around 44% of UK exports that currently go to other EU states. Key industries like chemicals, automotive, financial services, and metals/steel are also expected to be negatively affected.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Impact of Brexit On Other Economies of EU

    Uploaded by

    Sumair Khatri
    13 views3 pages
    The document summarizes the potential impacts of Brexit on various economies. It states that Brexit will negatively impact the remaining EU members through reduced exports, especially in automobiles and chemicals, which make up 70% of total EU exports to the UK. Brexit is also projected to significantly slow the UK economy, making it 6.2% smaller than if it remained in the EU, due to reduced business activity, a weaker pound, difficulties financing trade deficits, and uncertainty around 44% of UK exports that currently go to other EU states. Key industries like chemicals, automotive, financial services, and metals/steel are also expected to be negatively affected.

    Original Description:

    Impact of Brexit on EU and UK

    Original Title

    Brexit Slides

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    The document summarizes the potential impacts of Brexit on various economies. It states that Brexit will negatively impact the remaining EU members through reduced exports, especially in automobiles and chemicals, which make up 70% of total EU exports to the UK. Brexit is also projected to significantly slow the UK economy, making it 6.2% smaller than if it remained in the EU, due to reduced business activity, a weaker pound, difficulties financing trade deficits, and uncertainty around 44% of UK exports that currently go to other EU states. Key industries like chemicals, automotive, financial services, and metals/steel are also expected to be negatively affected.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    13 views3 pages

    Impact of Brexit On Other Economies of EU

    Uploaded by

    Sumair Khatri
    The document summarizes the potential impacts of Brexit on various economies. It states that Brexit will negatively impact the remaining EU members through reduced exports, especially in automobiles and chemicals, which make up 70% of total EU exports to the UK. Brexit is also projected to significantly slow the UK economy, making it 6.2% smaller than if it remained in the EU, due to reduced business activity, a weaker pound, difficulties financing trade deficits, and uncertainty around 44% of UK exports that currently go to other EU states. Key industries like chemicals, automotive, financial services, and metals/steel are also expected to be negatively affected.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 3

    Impact of Brexit on other

    Economies of EU
    EU has trade surplus with UK with 3% of total exports, goods such
    as automobile, chemicals constitute 70% of total exports. So Brexit
    would have negative impact on Exports on remaining members of
    EU.
    FDI may also be a concern

    Impact of Brexit on
    Economy of UK

    1.
    2.
    3.
    4.
    5.

    Britain gets a financial contribution of 9.5Bn Sterling from EU. Due


    to Brexit the economy of UK would be 6.2% smaller than it would
    have been if UK would have stayed in EU.
    Following are the main reasons for UK economic slowdown:
    Business activity would be lower.
    Depreciating Sterling with trade deficit
    Capital accumulation for financing current account deficit would
    be tough.
    44% of Britians total exports were only to EU states. What will be
    the fate of these exports?
    3 Million Jobs are directly or indirectly linked to trade with the EU.

    Affected Industries

    Chemical, Oil and Gas Sector

    Automotive Sector

    Service sector (Insurance & Financial Services)

    Metal/Steel Sector(Tata Steel)

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