Visit Our Blog: https://financeshed.net/what-are-the-economic-effects-of-brexit/‘Britain Exit’, nicknamed as Brexit, as it popularly knew, is the decision by the United Kingdom to leave the European Union. The United Kingdom had been a member of the economic and policy union i.e., the European Union since 1973. The economic effects of Brexit have been wide and long-lasting for the United Kingdom as well as the global economy.