Brexit Aftermath: U.K. Trading as Emerging Market?

The video discusses the economic implications of a weaker pound, including inflation and GDP impacts. It highlights the UK's current account deficit and the risks associated with market uncertainty and political instability. The potential effects on consumer behavior and investment are explored, along with the challenges of Brexit negotiations and their impact on the economy.

What is the expected impact on GDP growth over the next two years according to the first section?

• An increase of 3 to 5 percentage points

• No change in GDP growth

• A decrease of 1.5 to 3 percentage points

• An increase of 1.5 to 3 percentage points

What is the current account deficit as a percentage of GDP mentioned in the second section?

• 3%

• 5%

• 7%

• 10%

What could happen if non-residents decide to reduce their investment in UK assets?

• The pound could strengthen significantly

• There could be a dramatic adjustment in the pound

• The UK economy would experience a boom

• Inflation would decrease sharply

What is one potential outcome of the Brexit negotiations discussed in the final section?

• Immediate economic growth

• Complete isolation from the EU market

• A Norwegian-style deal with free movement

• A new currency for the UK

Why is it difficult to model economic forecasts post-referendum?

• Because the UK economy is booming

• Due to the lack of any economic data

• Due to the uncertainty of the Brexit agreement

• Because of the stable political situation