2. Great Britain decided to leave the EU
What is EU ?
It’s not Europe
- EU is an organisation of 28
countries as its members.
- Europe is continent, including
these 28 and some other
countries.
3. EUROPEAN UNION
• After WWII, European Integration was started to
create trade and peace to recover monetary loss &
harmony.
• The European Union was formally established in 1992
& came into force on 1 November 1993.
4. Why EU was established ?
• EU provides a “Single Market”.
• EU guarantees, citizen of any member country can
live, trade, work in any other EU member country.
• Integration of members create one big economy.
5. Why UK offered voters a referendum on UK’s
exit from European Union ?
UK Independence Party Leader Said :
“EU imposed too many rules of business and charged billions of pounds
yearly for very little return.”
6. What UK paid ?
• EU membership costs 24 million
pounds per day.
• No full control on their own
borders.
• High immigration rate.
• Lesser jobs for domestic people.
• Few conflicts between UK
supreme & EU officers.
What UK earned ?
• Free trade.
• More jobs opportunities.
• Single market economy.
7. How did UK took decision to leave ?
• With the help of EU referendum.
• A referendum takes place on a particular issue and is resolved
through public voting.
• More than 30 Million people voted for EU referendum.
• 51.9% voted to leave where on other hand 48.1% voted to stay.
• Result was in favour of BREXIT.
8. Now What ?
• Financial instability.
• Pound saw 10% fall to US Dollar.
• No free trade & single market.
• More cost on imports & exports.
• Price rises or inflation.
• Unemployment & cutbacks.
• Lesser or expensive resources.
• More paperwork in immigration.
9. How other countries will be affected ?
• Mutual trades can face rise in prices.
• Foreign companies operating there might leave because of no free
trade.
• Less trade means less globalisation.
• Immigrant will move back or to other countries for jobs.