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Case 1
“Brexit (a portmanteau of “British” and “exit”) is the withdrawal of the United Kingdom (UK) from the European Union (EU).Following a referendum held on 23 June 2016 in which 51.9 per cent of those voting supported leaving the EU, the Government invoked Article 50 of the Treaty on European Union, starting a two-year process which was due to conclude with the UK’s exit on 29 March 2019—a deadline which has since been extended to 31 October 2019.”
1. Provide some background information and economic profile about the United Kingdom. 10 marks
2. Explain about the Brexit and the reason/justification for this policy. 10 marks
3. Critically analyse the impact of Brexit on the United Kingdom economy as a whole and support your discussions with suitable graphical illustrations. 30 marks
4. Critically analyse the impact of Brexit on the world economy and support your discussions with suitable graphical illustrations. 20 marks
5. Critically analyse the Brexit’s effect on the United Kingdom automobile industry and support your discussions with suitable graphical illustrations. 20 marks
6. Layout, flow, referencing and English 10 marks
Case 2
1. Discuss the pros and cons of fixed and flexible exchange rate arrangement. 30 marks
2. Collect the annual exchange rate for China (RMB/USD) and Malaysia (MYR/USD) for period 1990 to 2019. Collect also the inflation rate for these two countries for the same time period. Discuss their exchange rate movements and the price levels from 1990 to 2019. Is floating exchange rate system more inflationary? Support your answer with statistics. 60 marks

Attachments:

Assignment-1-….docx

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