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While the Departure of the United Kingdom from the European

Question 16

Multiple Choice

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.

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