WORLD HISTORY

POST COLD WAR WORLD

INTEGRATION OF EUROPE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was the political fallout of Brexit in the UK?
A
The triumph of the Labour party
B
The resignation of David Cameron and the government crisis
C
The end of the internal equilibrium in the EU
D
The economic instability
Explanation: 

Detailed explanation-1: -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-2: -Factors included sovereignty, immigration, the economy and anti-establishment politics, amongst various other influences. The result of the referendum, which was not legally binding, was that 51.8% of the votes were in favour of leaving the European Union.

Detailed explanation-3: -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.

Detailed explanation-4: -Cameron has been praised for modernising the Conservative Party and for decreasing the United Kingdom’s national deficit. However, he has been criticised for his decision to hold the referendum on Britain’s membership of the EU, which led to political instability in the UK during the late 2010s.

There is 1 question to complete.