The dairy industry would also feel the impacts of a Brexit. According to Dairy Industries International, the UK currently exports 9.3 billion pounds worth of food and drink products to the EU. Dairy Industries International also argues that leaving the EU would have a, “considerable negative impact on the export competitiveness of the UK food and drink industry” because even a small trade tariff tremendously cuts into the profits of the industry (Burnyeat 17). Leaving the Union would put the…
percent rise in hate crimes in Britain. Several British leaders campaigned for Britain 's exit -- Brexit -- from the European Union deploying bigotry, xenophobia and Europhobia -- Britain for British people, British jobs for British workers, illegal immigrants go home, immigrants are a burden on British schools and hospitals, and the like --for the referendum held in June this year. The majority opted for Brexit validating the…
Great Britain Exits the European Union The European Union (EU) is an economic and political union where each of the countries within the Union is independent, but they agree to trade under the agreements made between the nations. The purpose of the EU is to operate as a single market that allows free movement of goods, capital, services and people between member states. Great Britain had a big decision to make, whether or not to stay in the EU or go it alone. On June 23, 2016 with over 33…
on Making Idiotic Decisions,” Andre Spicer evaluates the motive behind “idiotic” decisions. Having been written during an ongoing period of political and economic turmoil, the article draws attention to current points of debate: Trump’s policies, Brexit, and climate change. Spicer is professor at City, university of London. He has authored several books and academic journal entries, but this article was intended for the public to digest. The article attempts to ambiguously dissuade readers from…
University of the People BUS 1103 Unit 1: Principles of Microeconomics By Camille Telesford In this paper I will discuss the difference between microeconomics and macroeconomics along with their phenomenon examples, a summary of an article and why it is interesting, an example of sunk cost and how it differs from a marginal cost and finally an explanation of marginal analysis in my problem solving. According to the Principles of economics textbook, Microeconomics is concerned with the study of…
Today, international integration plays an important role in the economy. Most countries in the world are made in one or another integration association and at the same time remove a considerable advantage. However, with the participation of the country in the international integration there are possible damages to its economy. It all depends on a level of economic development of the country and whether it has a state-members of the association. One of the most famous and successful examples of…
The month’s record performance has been driven by strong sales of the Land Rover Discovery Sport, the Jaguar XE and the F-PACE. Jaguar Land Rover sold 336,052 vehicles in the first seven months of 2016, up 23% on the same period in the prior year. Brexit may have adverse impact on Jaguar Land Rover's operations United Kingdom's exit from the European Union (EU) may affect adversely operations at Jaguar Land Rover (JLR), which contributes almost 90% to profits of auto major Tata Motors. While the…
The nature of strategic risks arises from the external environment of the company and requiring the Board of Directors to design a risk management process that would reduce the likelihood of assumed risk occurring and also improve on the company’s ability to manage the risk should they occur. Kaplan and Mikes (2012) stated that a company can voluntarily accepts some risk in order to generate superior returns from its strategy. Chapman (2011) declared that when providing a strategy for a business…
The emergence of the agricultural revolution marked an critical turning point in the economy, equivocally setting a tidal wave of innovation for centuries to come. The agricultural revolution is known best for initiating an era of commerce producing sustainment through agrarian innovation as opposed to living to survive. This attempt to develop new methodology for agriculture brought forth efficiency through technologies such as the wheel and plow, which in turn kick started commerce and trade…
in the North Sea, and who should control how to run the social welfare programs. Scotland wanted to become independent in 2014, but they decided to stay with the united kingdom because they promised to stay with the EU. After they announced the Brexit (england because independent from the EU) Scotland was very upset and the idea of independence came up again. The part of Scotland that wants to become independent believe that it is better for scotland’s culture and economy. The pro…