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Britain’s Prime Minister finally laid out her plans for Brexit Tuesday, nearly seven months after the shock U.K. vote to quit the European Union (EU).

Theresa May, who came to power after the referendum result prompted the resignation of her predecessor David Cameron, said Britain will seek a so-called ‘hard Brexit’ — meaning the U.K. wants to quit the EU completely after four decades of membership, along with the single market for goods.

The European single market affords preferential rates between EU member states, something many in Britain saw as a key benefit of the trading bloc. However, it also requires the free movement of citizens across EU borders, leading to high levels of immigration. Populist concern over immigration was successfully exploited by the “Leave” campaign.

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Image: Pound coins site beside dollar billsPound coins site beside dollar bills. Matt Cardy / Getty Images

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Click link below for article and video:

http://www.nbcnews.com/storyline/brexit-referendum/britain-reveals-brexit-plan-what-hard-brexit-what-s-next-n706541

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