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    Entry 1 In recently held referendum, Britain opted to leave the EU. Xenophobia has been the most dominant reason that the British voters opted for Brexit. The pro- Brexit supporters claim that there is a need to close the boundaries of UK to the migrants from EU. As the Prime Minister David Cameron did not stipulate any riders on the referendum, this clearly made evident the poor awareness of political atmosphere by the British Prime Minister. Although the referendum results came out for Brexit, the government is not showing any hurry in completing the process of leaving the EU. But this delay is not good for economy as most of entrepreneurs must have hold their investments due to the present uncertain situation. There is steady decrease in the value of pound against The US dollar. The decrease in the value of pound means that the imported goods and services will become costlier for the British citizens. If the Britain leaves the EU then this is sure that there will be no support for the Britain from the EU as the EU would want to leave a strong message that leaving the union could be a great loss.
    July 5, 2016
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