Business class: Brexit woes: small UK distillers struggle to ship gin and whisky to EU
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Specification:
International trade
Click to read the article below and then answer the questions:
Brexit woes: small UK distillers struggle to ship gin and whisky to EU
Identify and explain two benefits to a business such as a whiskey distillery of exporting
Analyse the impact of EU withdrawal on the cash flow position of a small exporter
Assess the view that companies that operate at a higher level of capacity are best positioned to benefit from the new trading rules
Gin and whiskey distillers can continue to export to markets in the EU or they could seek new markets further afield where other free trade agreements have been signed, such as Japan. Evaluate these two options and recommend which should be pursued.
Peter McGinn, Harton Academy
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