U.K. Seeks to Strike Trade Deals for Services in New Brexit Plan

U.K. Seeks to Strike Trade Deals for Services in New Brexit Plan

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The UK government plans to diverge its trade approach by maintaining the single market for goods while seeking new trade deals for services, which constitute 80% of its economy. This proposal aims to address the Irish border issue but faces challenges from the EU, which values the indivisibility of the four freedoms. The EU's response is cautious, recognizing the precarious position of Theresa May, who faces internal party challenges. The outcome of these negotiations will depend on the details, including jurisdiction and immigration policies.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of the UK's proposed trade strategy?

To remain in the single market for both goods and services

To eliminate all trade barriers with Europe

To solve the Irish border issue and strike new trade deals in services

To focus solely on goods trade with Europe

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the European Union initially view the UK's trade proposal?

As a minor adjustment to existing agreements

As a starting point for negotiations

As a complete rejection of EU principles

As a final agreement

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant concern for the EU regarding the UK's proposal?

The proposal's emphasis on financial services

The lack of focus on goods trade

The UK's decision to remain in the single market for services

The proposal's impact on the indivisibility of the four freedoms

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current status of Theresa May's leadership within her party?

She has resigned from her position

She is facing challenges but remains in position

She has been unseated by party rebels

She has full support from all party members

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential consequence if the Conservative rebels succeed in their challenge against Theresa May?

Immediate acceptance of the UK's trade proposal by the EU

A general election that Jeremy Corbyn might win

A new trade deal with the EU

A complete withdrawal from the single market