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Discuss what it will "cost" Great Britain to leave the European Union.

Discuss what it will "cost" Great Britain to leave the European Union.
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Answer #1

Great Britain was a huge contributor to the European Union financially. Britain leaving EU would mean huge dent in the resources for the European Union.

Some economists and officials have predicted the divorce bill for UK would mean that the United Kingdom would have to keep paying the EU for the commitments made before such as pension payments etc. Some estimates say that the cost may amount to around 35 billion poud sterling.

Besides the agreed upon bill , Britain stands to lose unhindered access to the European market.

We could say it is too early to say what exact amount would it cost for the Great Britain to leave the European Union.

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