The United Kingdom decided to break their traditional ties with the rest of the European Union after the referendum last June 23, 2016, was signed by all the citizens of the country, leaving a vote of 52 percent and 48 percent, in favor of the United Kingdom leaving the European Union.
Four months have passed after the exit, and now the United Kingdom proudly stands with a high economic growth. Their economy was shown to be 0.3 percent higher in the third quarter, compared to the state of their economy in the first and second quarter of the year-when they are still part of the European Union, according to The Economist.
However, the 0.3 percent increase in their economic growth is not as high as the increase that was observed in the second quarter of 2016, making the debate on the economic effects of the exit unresolved.
The impacts of the exit of the United Kingdom from the European Union will be continuously observed to see what are the drastic changes that it will bring, and to justify whether or not the Britons have made a good decision.
