Exam Revision • What do you know?
• What do you want to know?
Should the UK leave the European Union?
The UK Independence Party lead by Nigel Farage are growing in political popularity. A sizeable part of the population of the UK agree with their view that the UK should withdraw its membership from the European Union. You have 4 minutes to write down as many economic arguments for and against remaining in the European Union Press space bar to start timer
What are the economic arguments for and against remaining in the European Union?
Press space bar to continue
EU is UK’s biggest trade partner 52% of exports go to other EU countries
What are the economic arguments for and E.g. easier to control the flow of migrants against remaining in the European Union? into the UK Freedom from EU laws
New trade deals E.g. bi-lateral agreements with growing economies such as Brazil and India Cut in taxes paid to EU UK paid £8.9bn to EU in 2012 (out of total public spend of £706bn
Independent labour market policies E.g. freedom from Working Time Directive
Nein!
Fewer trade deals? E.g. less influence in USA as they wish to trade with entire EU
Risk of retaliation – e.g. extra tariffs from remaining EU trade bloc Less attractive to inward Foreign Direct Investment e.g. Airbus production could move to France and Germany
Oui!
Task One • Create a planned answer for past paper question.
Check • Pass your answer onto the next group. • Using the GAC what grade would you give it?
• What could you add to improve the answer?
Review Consider your aims sheets from the beginning of the session. Have we answered what you want to know?
What do you still need to know ?
Places for help Blog Reading list for module booklet Quality newspapers/ web sites
The Economist , HBR and other journals Tutor2u Bank of England
ONS
Finally
Please complete the end of unit questionnaire.