Brexiting
On June 23, 2016, the UK voted to leave the European Union. The decision is known as Brexit.
Brexit is a portmanteau of the words Britain and exit.
It was not the first call for a referendum, but that time nearly 52% voted to leave.
To clear it up we need to rewind back to 1961 when the UK applied to be a member of the European Union for the first time. Back then the block was called the European Economic Community (EEC). Its aim was to bring about economic integration. That time the British economy was not compatible with those of its six existing members.
The membership in the EEC, and later in the EU for Britain was a necessary measure for the lack of alternatives, that is why in out referendum remained a constant concern throughout the years of deliberation.
Let's look at the arguments of the Eurosceptics and Europhiles
The Eurosceptic or brexiteer is someone who is in favour of leaving the EU.
Europhile is a person who admires Europe or is in favour of participation in the EU.
Membership Fees
Europhiles argue that being in the EU has a strong positive effect on trade. The EU provides Britain ten- to- one return on investment.
Eurosceptics say that European membership costs British business more than 600 million pounds a week.
Immigration
Immigration from the EU to the UK is one of the most contentious issues in Brexit debates.
Europhiles submit that migrants pay more taxes than receive benefits.
Leaving the EU does not mean reducing migration.
Eurosceptics submit that remaining in the European Union, it is impossible to control the migration flow. Great Britain will regain full control over its borders, leading to the decrease in the number of migrants
Employment
Europhiles argue that the EU supports UK business and provides job opportunities.
Eurosceptics argue that new job opportunities appear when companies are free from wasting money on European red tape.
Marketing
Europhiles submit that the EU is the principal trading partner of Britain. Leaving the EU will create risks.
Eurosceptics submit that external trade will certainly continue and expand without the EU restrictions.
Political Weight and Security
Europhiles argue that outside the EU, Britain will be isolated in the world.
Eurosceptics say that even outside the EU, the UK will remain a key player in NATO and retain its place in the UN Security Council.
Brexitis and consequences
The results of the in out referendum demonstrated the split in society. The political consequences of Brexit are serious. Scotland, having voted in favour of participation in the EU, aims to hold a new referendum on independence. Northern Ireland fears that Ireland will close its borders. A lot of consultations and negotiations were held, but there were no results. The situation is currently at an impasse. T. May proposed the agreement to leave the EU. It was voted three times and failed each time. The new prime minister Boris Johnson promised to withdraw Britain from the European Union on October 31, 2019.
This is a crucial moment for Britain; the fate of the entire state and its political role in the world arena depend on this decision. Brexit continues, as the European Europhiles and Eurosceptics still cannot find compromises on this issue.
We can observe global trends to protectionism. The positions of globalists are weakening in the face of the impending global economic crisis.