Abstract:
This study aims to determine the effect of Brexit on the decline in Automotive
Industry Trade in the UK. Brexit is the British Exit from the European Union, the
Brexit referendum took place in 2016. However, Britain officially left in 2020.
This study will find out the decline in trade in the Automotive Industry and also
the decline in EU trade after Brexit. The author uses the concept of
Macroeconomics to answer the post-Brexit economic decline and approach in
looking at policies or agreements made by the UK-EU after Brexit in overcoming
the decline in UK or EU trade due to the attachment of the two parties which
previously had mutually beneficial cooperation. As for what happened recently, a
policy or agreement was agreed between the UK and the European Union, namely
the TCA (Trade Cooperation Agreement), maybe the TCA is a solution for the
UK and the European Union
