Brexit: Would the UK Lose or Benefit?

Since the Brexit vote in 2016, Britain's decision to leave the European Union, or Brexit, has been a hotly contested topic. There has been a lot of talk and research about the possible effects of Brexit on the UK economy, but nobody knows what will happen. An analysis of the literature on the effects of Brexit on the British economy would show different points of view. Many economic analysts worry that Brexit would hurt the British economy by causing them to lose access to the EU single market, EU financial programmers, jobs, and investment. Some point to the potential for expanded commerce with non-EU nations and more leeway in determining domestic policy as economic advantages. The financial consequences of Brexit will also be significantly affected by the conclusion of the continuing discussions between the UK and the EU and the deal that is ultimately struck.