Learning Outcomes

Setting: Demonstrate an advanced understanding of how international trade flows are influenced by global economic factors and international capital flows are influenced by country characteristics including currency fluctuations.

Knowledge and Understanding: Discuss the influence of inflation, national income, and government policy on international trade flows.

Assignment

Discuss Brexit, with attention to the learning outcomes described above. The structure of your essay should be something like the following:

1. State of the UK economy. particularly in relation to the EU.

2. Outcome of Bruit referendum, and likelihood of actual exit.

3. Likely effects of trade relationship with EU.

4. Likely effects of capital inflows/outtlows to/from the UK.

5. Likely impact on City of London as international financial center.

6. (Optional) Any other related economic and financial effects of Brexit

7. Discuss membership in European Free Trade Association (EFTA). which includes Iceland. Norway and Switzerland, and the possibility that it serves as a future role model for Britain.

8. Concluding remarks on the economic and financial impact of Rini% on Britain.