The Brexit Influence on Foreign Trade of the United Kingdom of Great Britain and Northern Ireland in Terms of Agricultural Sector Trade Change as % of GDP

Bc. Ondřej Brzák

Master's thesis

Abstract:

The diploma thesis describes reasons and conditions of the United Kingdom of Great Britain and Northern Ireland to leave European Union. It is the first time any member state decided to leave EU and it brings many political, economic and social consequences. This thesis further analyses GDP of Great Britain and then it goes into detail with foreign trade of this country. Its export and import are analysed by commodities and trading partners. The focus lies in the agricultural sector of UK. The goal of this work is providing an analysis of the Brexit impact on agricultural sector of United Kingdom hence the analysis of GDP, main commodities and trading partners. This allows determining two comparable prognoses to measure the Brexit impact on trade balance of the United Kingdom. The statistical data serve as necessary information for calculating a trend function per each commodity type from both export and import perspective. By analysing the applicable tariffs which EU passes on its third country trading partners, it is possible to distinguish the economic impact on British trade.

Keywords

Brexit, prognosis, GDP, EU, impact, tariffs, agriculture

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 25. 3. 2019

Obhajoba závěrečné práce

• Vedúci: Ing. Petra Šánová, Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme / odbor:
Economics and Management / Economics and Management