Naslov
The potential effects of Brexit on the international trade of United Kingdom

Autori
Tomljanović, Marko ; Cvečić, Igor ; Malnar, Ana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Proceedings of the Second International Scientific Conference on IT (ITEMA 2018) – Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture / - Beograd : Association of Economists and Managers of the Balkans - Udekom Balkans, 2019, 283-293

ISBN
978-86-80194-13-4

Skup
2nd International Scientific Conference on IT, Tourism, Economics, Management and Agriculture (ITEMA 2018)

Mjesto i datum
Graz, Austrija, 08.11.2018

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
BREXIT, EU, international trade, United Kingdom

Sažetak
The process of the United Kingdom (UK) leaving the European Union, as a result of the 2016 referendum, brings a lot of uncertainties regarding the impacts of new regulations of trade relations between the UK and other EU member states as well as other countries worldwide. The purpose of this research is, based on a review of the UK’s history as an EU member, and the analyses of its current international trade, to determine the potential effects of the process of the UK leaving the European Union to its future trade with the rest of the world. In this paper, four different models by which further trade relations between the United Kingdom and EU could be regulated are discussed. Each of these models has its advantages and disadvantages, and it is not possible to determine with certainty which one of them would be the most beneficial for the UK. Even though a large number of UK’s trade partners are not EU members, it is evident that the trade with other countries worldwide can easily be a subjected to change. For that reason, the United Kingdom should primarily base its trade on relations with EU member states, with the assumption of further cooperation with other counties.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA