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In a sentence or two - What is BREXIT? Why is BREXIT relevant for international business?...

In a sentence or two - What is BREXIT? Why is BREXIT relevant for international business? A response of 1 -3 sentences is sufficient, but in your response specifically highlight at least one topic covered in class since our first exam.

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Answer - Brexit is the withdrawl of the United Kingdom from from the European Union. UK is the only country to leave the EU which is a group of nations who coordinate for a healthy trade.

As a result of this , the exports and import flow of UK as well as EU will be affected. The immigration of labor into EU and UK will be deeply affected. Due to the sudden detachment of UK with EU , there will be delays in trade. The free movement of the goods and employees both will be deeply affected thus affecting the international environment.

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