UK Referendum and EU Membership

The video discusses the UK's 2016 referendum on EU membership, where the UK voted to leave the EU. It covers the historical context, referendum results, regional differences, and potential political and economic consequences. The video also explores future uncertainties regarding Article 50 and the UK's relationship with the EU.

What was the main purpose of the UK referendum held on June 23rd?

• To change the UK's national flag

• To elect a new Prime Minister

• To determine the UK's membership in the EU

• To decide on adopting the Euro

In what year did the UK first vote on EU membership?

• 1985

• 1975

• 1992

• 1965

What percentage of UK voters chose to leave the EU in the recent referendum?

• 55%

• 48%

• 52%

• 50%

Which region of the UK had the highest percentage of voters choosing to remain in the EU?

• Northern Ireland

• London

• Scotland

• Wales

What was a major reason for Scotland's previous decision to remain in the UK during the 2014 referendum?

• Economic stability

• Preference for UK leadership

• Fear of losing EU membership

• Desire for a new currency

What percentage of Northern Ireland voters chose to remain in the EU?

• 53%

• 62%

• 56%

• 48%

What is the common travel area between the Republic of Ireland and Northern Ireland?

• A military zone

• An open border with minimal checks

• A customs union

• A free trade agreement

What was the immediate economic impact on the stock markets following the referendum?

• A gain of $3 trillion

• Stability in the markets

• A loss of over $2 trillion

• A rise in stock prices

What is Article 50 of the Treaty of the European Union?

• A clause for joining the EU

• A procedure for leaving the EU

• A trade agreement

• A financial regulation

What could happen if the UK and EU do not reach an agreement within the 2-year timeframe after invoking Article 50?

• The UK will remain in the EU

• The UK will be expelled with no new agreements

• The UK will hold another referendum

• The UK will automatically join the Eurozone