What was the immediate action taken by the UK following the referendum in June?
S&P's Kraemer: Hard Brexit Most Likely Outcome

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Strengthened the pound
Increased interest rates
Introduced new trade policies
Lowered the credit rating
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could potentially lower the UK's credit rating further?
Increase in inflation
Loss of reserve currency status
Change in government
Decrease in exports
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are changes in central bank reserves considered slow?
Due to rapid economic shifts
Because of long-term allocation processes
Due to immediate market reactions
Because of frequent policy changes
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the independence of the Bank of England affect its rating?
It depends on the Prime Minister's opinion
It weakens the rating
It strengthens the rating
It has no effect
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the most likely outcome for the UK according to the discussion on Brexit?
No Brexit
A soft Brexit
A new referendum
A hard Brexit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What makes trade negotiations with the EU complex?
Unanimous decision-making process
Lack of interest from the UK
Simple negotiation terms
Immediate agreement from all parties
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the UK government trying to reassure investors about?
Immediate policy shifts
New trade barriers
No changes for them
Increased taxes
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