Economics Homework Help

Your company is preparing for life after Brexit and requires you to produce a report on the potential economic repercussions in terms of the likely business environment it will face. Discuss BOTH of the following issues:

a)If Brexit results in a recession how might the government and Bank of England alleviate this with fiscal and monetary policy? Are there any potential problems with such policies? (950- 1000 words)

b)Since Brexit has resulted in a new trading situation for the UK, discuss the arguments concerning free trade versus protectionism. (950 – 1000 words)