While the departure of the United Kingdom from the European Union, referred to as Brexit, has not yet occurred as of mid-2019, there will be a number of post-Brexit changes that will occur. Which of the following changes would not occur in a post-Brexit environment?
A) ERP systems will have to undergo modifications to reflect that the UK is not part of the EU.
B) Firms will be hesitant to enter into long-term contracts for logistics services.
C) Foreign exchange rates for the British Pound would change.
D) The UK could not enter into Free Trade Agreements with non-EU countries.
E) The VAT rate in the UK would change.
Correct Answer:
Verified
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