EU's Mairead McGuinness Warns City of London ‘Change is Coming’

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the initial goal of the EU-UK memorandum of understanding discussed in the first section?
To establish a new trade agreement
To outline how they will operate as partners
To finalize Brexit negotiations
To set a fixed timeline for financial changes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the UK potentially moving towards deregulation signify in the context of Brexit?
A return to EU regulations
A move towards stricter financial controls
An increase in trade barriers
A shift away from EU's regulatory framework
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did Brexit affect euro-denominated derivatives trading according to the third section?
It was unaffected by Brexit
It moved from London to New York
It remained stable in London
It moved from London to the EU
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the EU's main concern regarding financial stability post-Brexit?
The movement of financial assets to the US
The UK's adherence to EU regulations
The lack of a trade agreement
The UK's financial independence
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the final section suggest about the future of financial hubs?
They will lose significance due to remote work
They will only exist in the EU
They will become more centralized
They will remain unchanged
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the EU view its regulatory cooperation with the United States?
As a failed experiment
As a model for future UK relations
As irrelevant post-Brexit
As a temporary measure
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the EU's stance on recreating the single market for the UK?
It will be decided in the future
It is open to negotiations
It is not possible post-Brexit
It is already in place
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