Power distribution in the EU before and after Brexit

Image by succo from Pixabay.

An economic and political union between 28 countries, the European Union is one of the most important players in today’s world economy and the largest trade block in the world accounting for more than 15% of global imports and exports (European Union 2019). At the time of writing of this paper, the current GDP of the EU is close to 18.8 trillion USD, making it the second-largest economy after the US…