Certainties and uncertainties around the Brexit

Abstract

The Brexit has been one of the most important events last year due to its global implications. It supposed a hard hit to the European Union and a novel object of analysis due to its economic disintegration nature. This process has also been surrounded of interested propaganda and has lacked formal economic consensus. The purpose of this paper is to extract clear economic facts on trade, foreign direct investment and immigration in order to obtain objective conclusions of what can happen from now. In order to do that, integration theory is used to later assume a pure disintegration process will have inverse effects. After this, different new possible trade scenarios are put on the table and the most convenient for the UK are analysed to obtain the final conclusion; the more control of immigration, the less beneficial free trade agreements the UK will be able to achieve.