You work at the European Department of the International Monetary Fund. The Department
Director has requested that you prepare
a policy note on the trade relationships of the European Union and the United Kingdom. The IMF management
is concerned about the effects of Brexit
Your task is to prepare a report that covers, the following points using the relevant economic concepts you
have seen during the course up to this
point:
- Provide general information about the UK Economy with the main macroeconomic indicators (GDP growth,
unemployment rate, inflation,
current account balance…) - Show the importance of the UK Economy for the EU economy (in percentage terms, for example: UK GDP
represent xx% of the EU Economy)
and the European countries trade with the most. - A discussion about the effect of Brexit not only for UK but also for the EU economy.
- Close the report with your personal conclusions based on your research.
- Add references at the end.
Make sure you provide an objective analysis and are backed up with actual data and proper analysis of the
trends and figures.
Recommended sources:
• Data: www.worldbank.org or national data (national statistical institute / Central Bank)
You should use additional relevant sources: specialized press, internet material, etc.