IB- Case 10

Answer the following questions:

1

Consider the current situation in the United Kingdom. What is Brexit? Why is it important to Great Britain and indeed the future of the United Kingdom itself? Discuss the challenges for the United Kingdom of leaving the European Union.

2

Discuss the implications of the uncertainty surrounding Brexit for companies doing business in the United Kingdom. How might it affect decisions to invest in the United Kingdom? What does it mean for companies with supply chain strategies involving operations in the United Kingdom? How can companies mitigate the risk of Brexit on their businesses?

3

How is the value of the British pound sterling determined? What are the implications of a lower pound for British consumers? How does the value of sterling affect companies that export from Britain? What does it mean for companies importing products from the United Kingdom?