Here are the slides and videos from our revision webinar covering some aspects of Brexit relevant to A level economics students. In particular there is a focus on synoptic connections to micro and macro consequences.
The EU, taken as a whole is the UK’s largest trading partner. In 2016, UK exports to the EU were £236 billion (43% of all UK exports). UK imports from the EU were £318 billion (54% of all UK imports).
The UK had an overall trade deficit of £82 billion with the EU in 2016. A surplus of £14 billion on trade in services was outweighed by a deficit of £96 billion on trade in goods.
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