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Brexit - pros and cons
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Transcript
1. short introduction
- Leaving Europe has been a question for a generation
- The UKIP (United Kingdom Independece Party) got more and more votes
- David Cameron made a manifesto pledge to hold a referendum
Brexit - pros and cons
2. Membershipfee
Pro
- Immediate cost saving of 13 billion pounds
Con
- Received 4.5 billion worth of spendings - net contribution was 8.5 billion pounds
- Hard to determine the economic consequences
1. short introduction
3. Trade
2. Membershipfee
The EU buys 44% of the exports of the UK which is worth 13% of GDP
Pro
- Could copy the status of Norway
- The EU sells more products to the UK than the UK to the EU
- Is free to establish own trade agreements
Con
- Has to submit to Brussels regulations
- Basically taxation without representation
3. Trade
4. Immigration
Pro
- Can make their own laws
Con
- Most foreign workers aren't from member states of the EU (China and India for example)
- Letting people immigrate has been positive for the UK
4. Immigration
5. Britains place in the world
Pro
- Re-establish as a truly independent nation
- Regain control over fishing rights around its coast (for example)
- Remains member of Nato and the UN
Con
- Almost no influence in Europe
- Turning back the clock and retreat from global power networks
- Limited access to the market
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