Comparing plato’s the cave to the movie the matrix. And the idea of how people can react to the light and what’s on the other side. Also why most people try to stay in the dark hiding behind the shadows. What would happen if you change people life style and environment over night, after living it for most of there life’s. Why would people intend to stay in the dark side after knowing there is another side more fun and a-lot brighter, and they would kill if they got dragged to the brighter side.
of food imports is the EU. Levell, O’ Connor, Smith (2017) Ultimately the degree to how much prices will change is uncertain to economists in the UK, currently the UK still has access to the EU single market, meaning that the majority of consequences or benefits are unseen. However, leaving the EU will allow the UK to make many free trade agreements with other nations, free trade deals with fast-growing emerging economies might see a surge in UK exports which will add to GDP growth and ultimately help to maintain prices at a stable rate. Alternatively, the UK could fail to make effective trade deals in time, before the damage is done to the British Sterling, for example the recent EU-Canada free trade deal took seven years to agree. Tutor2U (2015) In terms of the food manufacturing industry if the UK ceased to be a full member of the EU single market, it would be able to apply different regulatory standards to food imports, leading to the possibility of importing hitherto banned produce. Such changes would serve to lower the price of foods imported from non-EU countries. Providing a pivot to the rise of prices that is forecasted post Brexit. As a result we can recognise that a change in prices could go either ay following the UK’s departure of the EU, it is currently unclear what the UK government has proposed to combat the issue of rising prices, however, in order to keep food prices and manufacturing low, the UK would have to substitute the quality of the goods that it imports, or alternatively look at building stronger trade agreements with alternative, EU and non-EU countries which could take long periods of time, with potential to hinder the UK economy during that time. Get help with your essay today, from our professional essay writers! Qualified writers in the subject of economics are ready and waiting to help you with your studies. Get help with your essay View professionally written samples Conclusion All in all, there is a great deal of uncertainty over what the nature of the UK’s post-Brexit trading arrangements will be. Decisions over post-Brexit membership of the single market and participation in the customs union will have profound effects on the price and import mix of the foods on UK supermarket shelves and the effectiveness of the UK food manufacturing industry. It is also unclear whether sterling will depreciate further – or appreciate – as Brexit proceeds. These uncertainties over tariffs and the exchange rate mean that UK households are potentially going to be affected by considerable and unpredictable changes in food prices, with the poorest households much more exposed to this risk than the richest households. Furthermore, there is mass uncertainty of the effectiveness of the workforce in any manufacturing industry in the UK, let alone the food manufacturing industry, one fifth of migrant workers in the UK work in the food and drink manufacturing industry, therefore in order to stay efficient, the UK food manufacturing industry should prioritise replacing migrant workers, with skilled UK workers, as a result of this unemployment levels will decrease further in the UK, driving the economy, and providing a positive ripple post Brexit. The UK food manufacturing industry is currently a very competitive, monopolistic competition. Post Brexit there is potential that internal competition in the UK may decrease in the food industry due to the departure of the single market, therefore giving UK food manufacturing corporations more power to control their prices, and drive food prices down. Are we about to see a labour exodus that the food and drink industry cannot handle? This could well be the case, but with change comes opportunity. The British food and drink industry is famously innovative and is particularly good at exploiting new niches.>GET ANSWER