Brexit

Brexit is a constraction of words (Britain and Exit) and it is word used to define UK's
departure from European Union. The inital referendum took place in June 2016. with almost
52% voting to leave and 48% voting to remain. Since than, there has been heated debate from
both the leave and remain camps about best scenario for Britain moving forwards.

While the leave campaign succeed in the referendum, there has been a less success in
nagotiating with EU. On the leave side, they unyielding in their resolve that result in
referendum is final and that Britain must now leave European Union. However, while
someone on the leave side advocate hard Brexit, gaining more sovereignty, taking control
over immigration others are more moderate. There is many arguments for Britain leaving.
One of arguments is consumers goods. Average person in Britain loses hunderds of pounds
each year due to European Union VAT. But except populace , Britain also spend a milions of
pounds in membership fees every year. It is easily to conclude, Britain must now leave EU if
they want economic growth, improved industries etc.
Futhermore, if Britain leave organisation they would have better control of its laws and
regulations without risk og having counterintutive policies forcefully imposed. Last
agrugument for leave is about jobs. Improved global trade agreements and more selective
immigration could have positive effect on british job market .

Britain also have some helpful from European Union. Firtsly, EU invest financial resources in
Britain economy so on that path they also maintain economic growth. European union is
vastly reduce unemployement. Secondly, Britain as EU member have right of free trade
within EU. Britain export would be drasticaly decreased if Britain leave EU. So, for stable
and secure nation Britain need that export to maintain thier prodaction, employment and
whole economy .

Considering both pros and cons of Britain exit from European Union we can say that would
bring some advantages to Great Britain, but I think that could have negative effect on Britain
industry and economic growth. Membership in EU costed Britain a lot of money and that
resulted in decreasing of GDP value. Potentially Britain exit from EU could have negative
effect also on others members because that would reduce trade with UK and drastically
decline their export.