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U.K. voters approve “Brexit”

By Timothy Hopper, Ph.D.
Chief Economist, TIAA
Jun 24, 2016

By a margin of 52% to 48%, U.K. voters have decided that Great Britain should leave the European Union (EU). This result capped a high-stakes, emotionally charged debate between those who believe EU membership confers the benefits of economic strength and free trade against those who favor greater national sovereignty and independence from the EU.

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