Introduction
The United Kingdom’s resigning from the European Union is referred to as “Brexit.” It’s a mix of the words “Britain” and “exit.” The UK and the EU signed a temporary free-trade deal on December 24, 2020, ensuring that the two sides can export products without tariffs or restrictions. But, significant aspects of the new agreement, including trade in services, which accounts for 80% of the UK economy, remain unclear (HAYES, 2021). Considering the Significance of Brexit for British People, Brexit has far financial and political consequences for both the UK and the EU, necessitating scholarly investigation (Bulger & Quaglia, 2018).
The first examines how Brexit would affect essential policy areas such as the single market, finance, and population. Because …