U.K. Exit Could Shift EU Power Center, Says Lars Feld

The video discusses the implications of the UK's exit from the European Union, focusing on the economic interactions with Portugal and Ireland and the potential impact on the European Monetary Union's stability. It highlights the uncertainty surrounding international trade and political decisions, particularly if the UK adopts a Norway-like model. The video also examines the economic consequences, including reduced orders for German businesses and the likelihood of a UK recession, affecting growth in Europe and the eurozone.

Which two countries are highlighted as having strong economic interactions with the UK?

• France and Germany

• Netherlands and Belgium

• Portugal and Ireland

• Spain and Italy

What is the main argument of the leave camp regarding international trade?

• Trade will be completely halted

• Trade will decrease drastically

• Trade will remain largely unchanged

• Trade will increase significantly

What is a potential political challenge for the UK if it adopts a Norway-like solution?

• Complete isolation from the EU

• Increased tariffs on exports

• Loss of all trade agreements

• Having to accept EU decisions without a say

What impact has Brexit uncertainty had on German businesses?

• Increased orders from the UK

• No change in business operations

• Expansion into new markets

• A decline in orders from the UK

What is the expected economic outcome for the UK if Brexit proceeds?

• Rapid economic growth

• A stable economy

• A recession

• Complete economic collapse