With the soon expected leadership election of Brexiteer Boris Johnson to the role of Prime Minister of the United Kingdom, it now seems likely that the United Kingdom will exit the EU by the extended deadline 31 October, 2019. Your task is to identify and discuss the possible post-Brexit trade and business implications for Australia? In your answer you should identify and discuss the possible opportunities and challenges for Australia post-Brexit with respect to trade, investment, and doing business with both the UK and Europe.
Rationale
Successful completion of this assessment will demonstrate your achievement of the following learning outcomes:
• be able to explain key concepts in globalisation and assess the implications for Australia in general as well as Australian and international firms and their business practices. • be able to analyse international business environments and practices, and evaluate how they are being shaped by economic, financial, socio-cultural, political and legal forces. • be able to identify general and specific issues as well as new trends facing managers of