Brexit Case Study

Abstract

Enable to analyze the Europe economic instability; budget deficits and resulting austerity affect the hospitality industry by select the ?Brexit? case. ?Brexit ? is the abbreviation form of Britain might withdraw from EU. British as one of the world developed countries the impacts of withdraw might be significant. To examines the prospects for one of the European states- British in the context of globalization. It is the combination of national debt and spending limits, plus Dynamic tax resistance, to evaluate the beneficial consequences for social policy and economic management. The place of European welfare to be more emphasis on ?Dynamic equality? .The study will using the secondary data by case study to establish the demand of hospitality industry within the ?Brexit?.

Introduction

?Brexit event will cause the uncertainty economic activity.? Robin Brooks, chief of the currency strategist the drag of British prospects, will increase the overseas investors concerns ? the capital which goes into the United Kingdom may be interrupted, causing the pound sharply lower. Over last few months the rapid decline in the GBP has coincided the rising concern around ?Brexit.?The huge hospitality market to

Although the EU does not mention that British retreat additional trade barriers, but the damage from the trade market will be inevitable after. If allegedly leaving EU, the UK dairy exports to the market, import duties may be as high as 55%. And after the British withdraw from the EU, and the EU need to sign trade agreements under the new model, but whether bilateral agreements, customs union or join the EEA, the EU will still be bound by the terms. In addition, nearly three million British European and trade-related jobs will be the