Brexit
- Created by: Olive
- Created on: 15-07-21 13:42
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- Brexit
- What?
- Brexit is the name given to the United Kingdom's departure from the European Union.
- It is a combination of Britain and exit.
- Very clever actually
- It is a combination of Britain and exit.
- Brexit is the name given to the United Kingdom's departure from the European Union.
- The UK voted to leave the EU in 2016
- And officially left the trading bloc on 31 January 2020.
- While the UK was in the EU...
- Companies could buy and sell goods across EU borders without paying taxes
- There were no limits on the amount of things which could be traded.
- Companies could buy and sell goods across EU borders without paying taxes
- Both sides had to agree to some shared rules and standards on workers' rights...
- ...as well as many social and environmental regulations.
- Now that it's no longer in the EU...
- ...the UK is free to set its own trade policy
- and can negotiate deals with other countries
- Talks are being held with the US, Australia and New Zealand
- (countries that currently don't have free trade deals with the EU.)
- ...the UK is free to set its own trade policy
- What?
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