POST COLD WAR WORLD
INTEGRATION OF EUROPE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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EXIT Britain
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Britain exit
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Brussels exit
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Brother exit
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Detailed explanation-1: -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.
Detailed explanation-2: -Brexit has erected trade barriers for UK businesses and foreign companies that used Britain as a European base. It’s weighing on imports and exports, sapping investment and contributing to labor shortages. All this has exacerbated Britain’s inflation problem, hurting workers and the business community.
Detailed explanation-3: -The European Communities Act will be repealed on the day we leave the EU – meaning that the authority of EU law in the UK will end. We will convert the body of existing EU law into domestic law and then Parliament will be free to amend, repeal and improve any law it chooses.
Detailed explanation-4: -As a result, at 11pm GMT 31 January 2020 (10am AEDT 1 February), the UK formally ceased to be a member state of the EU. The UK and EU then entered a transition period until 31 December 2020.