will continue to be whether they can trade under the exemption clause, however, the uncertainty of the final result of a series of complex negotiations may affect the investment spending of Britain. And the other countries which are not in EU, China, for example, the effect is indirect. Due to the changes in pound and the euro, moving from EU has an impact on international trade. The British government adopted the same trade policy as other countries in EU. And now Britain has itsown trade policies. Thus, the promises that made with EU may not apply to Britain. But the overall effect is not too big.
(3) International cooperation and international development
After the referendum, Britain needs a period of time to reestablish the relations with the European Union and other parts of the world. And in this process, some market and economic fluctuation is inevitable. The bank of England listed a series of risks that may happen in the future, including the current account deficit with large amount and high household debt, weak financial markets, and the sluggish world economic growth.
It is in the interests of all parties that Europe is prosperous and stable. Moving from the EU can be regarded as the return of Westphalia system, and it is a continuation of reflecting protectionism and rampant and closed ideological since 2008 global financial crisis. Britain and other European countries are lack of culture which is the same as the' melting pot ' in the United States, and combined with the welfare system and the unsustainable economic development model and an expansion of the European Union, the EU will inevitably step into divided. Moreover, the event would profoundly change the geopolitical landscape, and then leads to a new world order.
4.0 Conclusion 结论
In the short and medium term, moving from EU may rise it up in the structure of the global geopolitical and economic potential, and has greater strategic activity space between main countries such as countries in the European Union, the United States, China, Russia, India and other regions. And international trade would benefit from the event. However, in the long run, moving from EU would do harm to the relationship with other countries.
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