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Impact of britain departure on value of currencies

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Reference no: EM131802427

Assignment Details

This DB has 3 parts

Britain has voted to leave the European Union (EU). However, as a member of the EU, Britain did not adopt the euro as its currency.

  1. How might Britain's departure impact its gross domestic product (GDP) over the long-term?
  2. What do you think may be the impact of Britain's departure on the value of the following currencies?
  3. a) GBP
  4. b) EU
  5. c) USD
  6. Suppose Britain had adopted the euro as its national currency. How could that have impacted their vote to exit the European Union?

Reference no: EM131802427

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