Potential Exposure Effects Due to Brexit In 2016, the United Kingdom decided to leave the European Union (a decision referred to as Brexit).
Many analysts have made arguments about how this event will affect firms in the United Kingdom. Assume that the pound’s value relative to the euro is likely to be more volatile as a result of Brexit. For each of the following statements, insert either increase or decrease in the first blank and complete the statement by adding a clear, short explanation.
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