23 June 2016 at 0:38 GMT
Some say the UK will benefit from Brexit by getting rid of obligations as an EU member. But the EU is no longer able to push the UK to join its Schengen accord, to adopt the euro or receive refugees. Upon leaving, the UK can save £8bn annually. Nevertheless, if the UK votes to leave, it will become an Atlantic orphan and lose its special relationship with the EU. Its special relationship with the US will become more notable, but it may mean less to the US. The somewhat strategically extreme plan of having a referendum was used as leverage in partisan politics, but now it seems possible that it will decide the future direction of the entire country.
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