Journal of Finance and Economics

Journal of Finance and Economics

ISSN: 2291-4951 (Print)    ISSN: 2291-496X (Online)

Volume 10 (2018), No. 1, Pages 26-35

DOI: 10.12735/jfe.v10n1p26

Download Full Text:

Post Brexit Transatlantic Trade: A Monetary Approach

Nahid Kalbasi Anaraki1 

1School of Business and Technology Management, Northcentral University, USA

URL: https://doi.org/10.12735/jfe.v10n1p26

To Cite this Article     Article Views: 70     Downloads: 64  Since deposited on 2018-07-15

Abstract

It is indispensable to assess how trade and FDI among the UK and the rest of world would be affected post-Brexit. This paper investigates how Brexit will affect exports and FDI from China, EU, and the US to the UK economy. Using econometric models with time series quarterly data for the period of 2001 through 2017 the results of this quantitative study indicate that Brexit will have significant impacts on trade and FDI from China, the United States, and EU to the UK. The topic is of great importance because it has severe consequences not only for the UK economy but also for the rest of the world. The quantitative results of this study suggest that Brexit has a negative statistically significant impact on trade and FDI from the EU and the US to the UK; however, trade and FDI from China will increase post-Brexit since China is highly integrated into the UK economy and has already established close trade relationships with the UK through mergers and acquisitions in recent years.

JEL Classifications: F10, F13, F14, F40, F50

Keywords: Brexit, Foreign Direct Investment (FDI), Trade Pattern, Tariffs, Sovereign Debt, Stock Market, Econometric Models

To Cite this Article: Kalbasi Anaraki, N. (2018). Post Brexit transatlantic trade: A monetary approach. Journal of Finance and Economics, 10(1), 26-35. https://doi.org/10.12735/jfe.v10n1p26

Copyright © Nahid Kalbasi Anaraki

Creative Commons License
This article is published under license to Science and Education Centre of North America. This is an Open Access article distributed under the terms of the Creative Commons Attribution 4.0 International License.

To make sure that you can receive messages from us, please add the 'todayscience.org' domain to your e-mail 'safe list'. If you do not receive e-mail in your 'inbox', check your 'bulk mail' or 'junk mail' folders.

Post Brexit Transatlantic Trade: A Monetary Approach
reviwers