Brexit (Junior Cert Business Studies): Flashcards
📚Flashcards
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Practise the cards
13 cards from this deck
What does Brexit mean?
What does Brexit mean?
'British Exit' - UK leaving the EU
% who voted leave in 2016 UK referendum
% who voted leave in 2016 UK referendum
52%
Date of UK's EU referendum
Date of UK's EU referendum
June 2016
Date UK officially left EU
Date UK officially left EU
January 31st, 2020
Brexit transition period end date
Brexit transition period end date
December 31st, 2020
UK's role in Irish trade
UK's role in Irish trade
Ireland's largest trading partner
Weekly trade value Ireland-UK
Weekly trade value Ireland-UK
Over €1 billion
Definition of tariffs
Definition of tariffs
Taxes on goods from other countries
How tariffs affect Irish products in UK
How tariffs affect Irish products in UK
Makes them more expensive & less competitive
Border issue Brexit caused for Ireland
Border issue Brexit caused for Ireland
New customs rules with N. Ireland complicate trade
EU benefit lost after Brexit
EU benefit lost after Brexit
Free movement of goods, services & people
Brexit benefit for Ireland (companies)
Brexit benefit for Ireland (companies)
MNCs relocating from London to Dublin
What CE mark indicates
What CE mark indicates
Products meet EU health, safety & environment standards