Compare/contrast your impressions about African American literature/culture before you enrolled in African American Literature with the understanding you have now that the class is over.
of UK after being outside the EU. The UK, government’s White Paper (Department for Exiting the European Union) suggests headlines of taking the UK out of the EU. In this White Paper, the aspect of the economy is covered on different headings such as protecting the rights of the worker and securing free trade with European markets (The White Paper, Policy paper The United Kingdom’s exit from, and new partnership with, the European Union, 2017). It reflects how important this issue is for the UK government, as well as for all UK people. What is clear that there will be many positive and negative economic implications for both parties EU and UK after Brexit! This essay sheds light on two main issues related to the UK economy after Brexit. First, the signal market, the definition, the status of UK in the signal market after leaving EU, the expected scenarios. Second, the economic relationships between the UK and other countries of EU. The expected options mentioned here are based on the current relationships between the EU and some countries that are not full members of the EU. To start with, what is the meaning of the Single Market? According to European Commission website, Single Market indicates the EU as one territory that has no internal borders or any other controlling complications that lead to the free movement of booth services and goods (The European Single Market – European Commission, 2017). According to the same source, single market has great benefits. It encourages competition and trade, increases efficiency, promotes quality, as well as helps in cutting the prices. In addition, the same source considers the European Single Market as one of the EU’s ultimate accomplishments that powered the economic growth and made the everyday life of European businesses and consumers easier (The European Single Market – European Commission, 2017). On the other hand, UK is playing a major role in the single market. Thus, by leaving this market, UK can direct this budget to a new direction that suits its economy better. The UK is ranked in the top five economies in the world, after United States, China, Japan and Germany (Bajpai, 2017). After Brexit, Bajpai expects the raking of the UK to decline and that UK will be ranked the 7th, taking the place of France (Bajpai, 2017). Dhingra and Sampson in their article Brexit and the UK Economy, claim that after leaving the EU, the UK will no longer be constrained by the EU’s external tariff. On the other hand, the UK can set its own MFN tariffs on imports. The UK could adopt to reduce its import tariffs below the levels of EU in order to lower import costs for UK consumers and companies. This will result on increasing the competition played by businesses run in the UK (Sampson, Dhingra and Sampson, 2017). In addition, the same article, states that there is a limited scope for further tariff decreases. According to the World Bank, the tariff rate of the EU (applied and weighted mean for all products) is 1.5% (Word Bank, 2017). Also, if UK goes for this it will require more harmonising polices, regulations or product standards across countries. Achieving this level of business requires international agreements with different countries. The overall effect of Brexit is still estimated to be negative (Dhingra and Sampson, 2017 4-5). These circumstances make it very difficult for the UK to reduce tariff rates, yet possible. >GET ANSWER