Which of the following events is a recent example of international market activity affecting organizations?

Brexit serves as a clear example of international market activity affecting organizations due to its immediate and far-reaching implications for businesses operating within the UK and the EU. The decision for the UK to exit the European Union altered trade relations, regulatory standards, and labor mobility, which influenced market dynamics across various sectors. Organizations had to reassess their strategies, supply chains, and market access in light of new border controls, potential tariffs, and changes in trade agreements.

Moreover, Brexit has led to significant uncertainty in the business environment, prompting organizations to adapt their operations and financial planning to navigate the post-Brexit landscape. This adaptability becomes crucial as businesses seek to manage risks associated with fluctuating regulations and market conditions that arise from such a monumental shift in international relations.

In contrast, the financial crisis of 2008, the expansion of the European Union, and the introduction of new trade tariffs also have significant impacts but differ in context and immediacy relative to recent international market activities. The financial crisis was a pivotal moment impacting global economies but is not as recent as Brexit. The expansion of the European Union represents a historical shift that has already influenced many organizations, while changes in trade tariffs occur periodically and can be specific, thus not representing an event as transformative