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What You Need to Know About Brexit

What: "Brexit" is an abbreviated term that refers to Britain's possible withdrawal from the 28-nation European Union. It is an adaptation of "Grexit," a reference to a possible Greek exit from the eurozone. When: On June 23, British voters voted to break away from the EU. Referendum question: Voters were asked, "Should the UK remain a member of the EU or leave the EU?" The question was recommended by Britain's Electoral Commission and accepted by...

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