Please answer the following: 1. Please read Country Focus: Creating a Single Eur

Please
answer the following:
1. Please read Country Focus: Creating a Single European Market
in Financial Services on page 260 in the 8th edition and answer the following
questions:
The European Union’s
progress towards creating a single financial market started in 1999. It was to
have been completed by 2005, however, progress has been slowed by various
factors related to the tradition of each member country operating
autonomously. By 2012, significant progress had been made. More
than 40 measures designed to create a single market were in place, and others
were in the pipeline. The current issue facing the EU revolves around the
enforcement of the rules that have been established as law. Some experts
believe that it will be at least another decade before the benefits of the new
rules become apparent.
What are the
benefits of creating a single financial market in the European Union for
companies? Does it make sense for consumers?
What are the
impediments to creating a single financial market in the European Union?
What does the potential for this type of market mean for the EU countries
that have not joined the euro-zone?
2. What does Britain’s exit from the
European Union mean? Please discuss the economic implications of Brexit.Here
are some sources but feel free to use other sources and cite your references
https://www.bbc.com/news/uk-politics-328108870
https://www.rand.org/randeurope/research/projects/brexit-economic-implications.html

Economic implications of Brexit

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