Task 2. Impact of European and Global Factors on the UK

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Scenario

According to the article written by Gavin Thomson and published by the Commons library Standard on 18 September 2013, EU membership influences the UK economy in a number of ways. The most important effects arise through the Single Market, the programme of economic integration through which the EU’s ‘four freedoms’ are guaranteed.

But the economic impact of the EU is felt in other areas of its policy, too. The EU has exclusive competence to negotiate trade and investment agreements with countries outside the Union; and it is a customs union with a common external tariff on imported goods. Membership thus profoundly affects the UK’s trade relations with non-EU members.

There are also fiscal consequences to membership as a result of the UK’s contributions to the EU budget. Consumer prices are affected through the Common Agricultural Policy and common external tariffs levied on imports. And the fact of EU membership may also influence decisions made by foreigners about whether to invest in the UK.

In order to complete this task, the student must:
identify the impact of EU membership on UK business activities
explain how EU policies affect businesses
identify the impact of global issues on UK business activities
explain how global developments affect businesses

This provides evidence for:

P5 Describe the impact of international factors on a selected business

· Your written work should be handed in by 3 February 2014

· Your result will be issued on 7 March 2014

· Assessment feedback will be provided on 14 March 2014

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Please read The “Deposition of Richard Hart” that appears in Chapter 8 of your textbook (Exhibit 8:10). In the Fifth Edition, this appears on pages 342-347. In the Sixth Edition, it begins on page 387.

You work for Arthur White, Esq., who represents the plaintiff, William Forrester.

Mr. White asks you to complete the following tasks:

1) Prepare a digest of the deposition for Mr. White, summarizing the key answers and information that you can obtain from that deposition.

2) Please prepare a memorandum explaining to Mr. White the ways in which our case can be bolstered from the answers that Mr. Hart gave.

3) Please discuss some steps that might be taken during discovery to investigate some of the claims made by Mr. Hart that are harmful to the plaintiff’s case.

 

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