This case highlights the issues caused by Brexit as well the long terms consequences for the shipping industry.
You are required to prepare a presentation. The presentation task is to review the above article on the BBC webpage and to expand on the aspects of microeconomic theory which underpin the discussion. The following points should be focused upon in delivering your presentation.
Explain the main argument(s) of the article using microeconomic concepts/terms
Refer to theory and apply it to main the issues – you should choose to focus on two of the following
Demand and Supply
Economic Profit and Business Organisation
Costs and Production
Provide explanations of examples in the article
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