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Brexit: Is It Financially Worthwhile?

The Institute for Fiscal Studies have just released a report that indicates that any financial gains from the UK's departure of the European Union will be very short lived and that actually new tariffs, customs duties and a weaker exchange rate, might ultimately prove very damaging to certain areas of the economy. This is a great little article that is very helpful for teaching the impact of the UK's departure from the Single Market and for also getting across the impact of tariffs and quotas on trade. [Click on image to read full article].

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