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After Effects of Brexit

People of Britain was so anxious for a poll result last month-Brexit. What is it? it represents the word British Exit, Brexit finalises the issue of Britain's exit from European Union. 48% of people opposed the exit and 52% supported the exit, which means Britain has to leave European union, that's what people of Britain thinks(most of them not all of them). This poll affected all foreign markets and international stock exchanges, The currency value of pound has been went down after the result's, This will rise so many questions, It might be a positive change for Britain but not for European Union. European union is a partnership of 28 countries to do business and trading together, the most attractive side of this partnership is that they won't begin war among themselves in future.

Brexit's Future

12.6% European Union budget is donated by Britain, That would be tremendous amount of money used for the welfare of European people. They provided this money as subsidy's,loans and other means of financial projects to help the poor and prosper the economy of complete Europe. Brixit would raise few questions like How they are gonna solve immigration issues between UK and Europe, Now they are like different entities. Britain has a strong economy indeed they have nothing to fear in near future. Economic stability is highly dependent on government policies and political decisions. Brexit will affect the European union even worse, Britain's exit would be a green light for other countries which would like to leave the European union, so future of thee European union is at stake. Brexit is more like a political decision not a economical decision, people of Britain supports their entry to European union in 1975, Now they like to leave. This would affect developing countries like India and China. India is receiving a good amount of foreign money from Britain. This will change the currency exchange rates of Pound and INR.


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