How Has Brexit Been Going?: Before & After Brexit

The video discusses the impact of the pandemic and Brexit on the UK's economy, highlighting a decline in trade intensity and labor shortages. It explains the transition from the EU to the Trade and Cooperation Agreement (TCA) and its economic implications. The video also covers the UK's economic status, including GDP, stability, and industrial strength, while projecting a long-term GDP reduction due to Brexit and the pandemic.

What was the percentage drop in the UK's trade intensity from 2019 to 2020?

• 20%

• 15%

• 10%

• 8%

Which agreement defines the UK's current trade relationship with the EU?

• Trade and Cooperation Agreement

• Customs Union Agreement

• Brexit Agreement

• Single Market Agreement

What is the estimated number of truck drivers the UK is short of post-Brexit?

• 50,000

• 75,000

• 100,000

• 150,000

What measure has the UK government taken to address the truck driver shortage?

• Hiring foreign drivers permanently

• Increased wages

• Reducing fuel prices

• 5000 emergency visas

By how much is Brexit projected to reduce the UK's long-term GDP?

• 3%

• 4%

• 2%

• 5%

What is the UK's rank in terms of global economic size?

• 3rd

• 4th

• 5th

• 6th

Which sector is surprisingly strong in the UK, contributing to its economic score?

• Tourism

• Agriculture

• Technology

• Industrial Manufacturing