CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which country has called for a free trade deal with Britain following its exit from the European Union
A
Australia
B
France
C
US
D
India
Explanation: 

Detailed explanation-1: -The UK-EU Trade and Cooperation Agreement treaty covers all UK trade with the EU. Businesses can trade under agreements with the following countries and trade blocs. Some of these agreements are subject to provisional application.

Detailed explanation-2: -Currently, the United Kingdom is the only former member state to have withdrawn from the European Union.

Detailed explanation-3: -On 23 June 2016, the United Kingdom (UK) held a referendum to answer the question: “Should the UK remain a member of the EU, or leave the EU?” By a margin of 51.9 per cent to 48.1 per cent, the UK voted to leave the European Union (EU)-commonly referred to as ‘Brexit’.

Detailed explanation-4: -Brexit (/ˈbrɛksɪt, ˈbrɛɡzɪt/; a portmanteau of “British exit") was the withdrawal of the United Kingdom (UK) from the European Union (EU) at 23:00 GMT on 31 January 2020 (00:00 1 February 2020 CET). The UK is the only sovereign country to have left the EU or the EC.

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