• The Long-Term Impact of Brexit on the European Union

    4 monthes ago - By iMF Direct

    By Jiaqian Chen , Christian Ebeke , Li Lin , Haonan Qu , and Jesse Siminitz
    August 10, 2018
    Versions in Español ,
    A container ship entering the Port of Marseille, France: The UK is among the European Union's largest trading partners, accounting for about 13 percent of its trade in goods and services
    When the United Kingdom leaves the European Union, higher barriers to trade, capital flows, and labor mobility will affect output and jobs not only in the UK but also in the remaining 27 EU member states. Since Brexit means both parties will withdraw from a frictionless economic relationship...
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