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The UK declared to leave the EU and set the legally fixed exit process in motion. The aim of this paper is to point out the major negative economic consequences for UK production sites, supply chains and trade without EU membership and with no access to the single market.
The below pointed out negative consequences come in force even so when there will be a 2-years-period of transition or the smoothest way of a „soft Brexit“. The disastrous consequences start in the moment the UK leaves the EU.