Post-Brexit Economic Challenges for U.K.'s Theresa May

Post-Brexit Economic Challenges for U.K.'s Theresa May

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of Brexit on the UK market, highlighting political and economic challenges. It covers the potential delay in triggering Article 50, the UK's current account deficit, and the risk of a sterling crisis. The market has priced in a recession, with international investors finding UK assets attractive due to the weakened sterling. The video also critiques the Bank of England's monetary policy, warning of rising inflation due to the falling sterling and the need for strategic economic planning.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the potential delay in triggering Article 50?

Lack of political will

Insufficient technology and team for trade negotiations

Opposition from the European Union

Economic stability concerns

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant risk mentioned in relation to the UK's current account deficit?

Increase in foreign investments

Decrease in international trade

Sterling crisis

Rise in employment rates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the market reacted to the Brexit decision according to the transcript?

By stabilizing the value of sterling

By increasing investments in domestic UK assets

By reducing interest rates globally

By pricing in a recession into domestic UK investments

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one potential benefit of a weaker sterling mentioned in the transcript?

Improved trade relations with the EU

Higher inflation rates

Increased corporate investment

Attractiveness of London assets to global investors

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a concern related to the Bank of England's monetary policy as discussed?

It could result in higher inflation

It may lead to a stronger sterling

It might decrease foreign investments

It could stabilize the UK economy too quickly