This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Registration/details here.

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

Get alerts on FT Schools when a new story is published

Copyright The Financial Times Limited 2022. All rights reserved.
Reuse this content (opens in new window) CommentsJump to comments section

Follow the topics in this article