Brexit: The Global Economic Effect

· First Rank Publishing
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40
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Brexit also called British Exit, refers to the withdrawal of Britain from the European Union. This has long been a political accomplishment that has been pursued by many individuals, political parties and advocacy groups. This has been the idea of these persons since the United Kingdom joined the EU in 1973. The withdrawal of member countries has been a right of the EU’s membership since 2007 fully addressed under Article 50 of the Treaty on the European Union. In June 2016, Britain held a referendum on the matter and the result saw 59.1% voting to exit the EU while 48.1% to remain.

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