The day after the Brexit vote, the value of the pound and euro fell, while the value of the US dollar increased. What are the impacts of this.
It makes American shares more expensive for foreign governors (gold prices rose 6%) and U.S. exports to the U.K. become more expensive. (The U.K. is America's fourth-largest export market).
For the economy of Europe, a no-deal brexit would primarily mean that everything would become slower and more expensive, why?
Yes, customs duties imposed, border inspections introduced, supply chains destroyed, ownership stakes devalued.
What happend to the British pound after the vote to leave the EU happend.
Went down 5%, 10% or 15%
Answer: went down 15%
Many US companies have their operations located in the UK. What will happen with a no-deal Brexit?
It will become more costly and complex to operate in the U.K. The main aspect is the uncertainty. Companies like Kellog have begun preparations to proactively prepare for the potential adverse impacts of Brexit, such as delays at ports of entry and departure.
According to the Norway option (outcome of brexit) how much money would the UK still pay to EU? £4, 5, 7 billion
4 billions.
What percentage of the voters voted to leak the EU?
51,9%
What are some other financial consequences that Brexit may have on the US?
Most of European decision makers are still open to the UK’s staying in the EU. (True or false).
False, most of them have lost patience with britain and want it out, fast.
What does leaving the EU mean to businesses in the UK.
Possible taxations on products and goods they want to export, which could lead to possible lower sales and income.