Some Issues of Withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union

Based on the results of the UK referendum about the abundance of the United Kingdom of Great Britain and Northern Ireland in the European Union, the Article 50 of the Treaty of Lisbon was activated, and a two-year transition period was started during which the UK and the European Union must agree on the country's departure conditions. In view of the high degree of economic integration among the Member States of the Union, the negotiations will concern highly integrated areas of cooperation, notably the degree of preservation of the four freedoms within the singly market. The interests of both sides vary from one point to another; the most questions relate to the issue of free movement of labor and the free movement of goods. The negotiation can result in the three variants of exit: 1. without agreement, 2. with partially satisfactory terms for both parties and 3. with agreement that will meet the expectations of both parties. The most likely the exit will be with a partial agreement, and we cannot exclude that expectations of both will not be fulfilled. In every case we can expect the economic loses on both parts. We cannot exclude the possibility of another referendum too. In this paper we will try to answer these open issues.