After several long years, Brexit is here. Tomorrow, the United Kingdom plans on finally leaving the European Union, a goal it set for itself back in 2016 in a now-famous referendum which saw a majority of around 1% voting to leave the Union.

The process since has been fraught with issues, as much of the government and one of the leading parties in the UK, the Labor Party, directly opposes the decision of Brexit. However, under Conservative Prime Minister Boris Johnson, the European Parliament has approved Britain’s withdrawal deal, meaning the country’s exit from the Union is confirmed. There are a number of strong arguments both in favor and against the idea of leaving the EU. For one, Britain will have a greater amount of sovereignty once it has left the union, meaning it is no longer subjected to EU rules and regulations.

Additionally, it is likely that their relationship with the US will improve, as America is very much pro-leave itself. The nation also never joined the Eurozone (a group of countries within the EU that use the Euro as a common currency), which could make separation slightly more straightforward. On the other hand, though, many fear potential economic hardships that may result from such a sudden and dramatic change to the nature of the British economy.

There is the possibility of economic instability for the nation in the coming months as it adjusts to having a standalone economy as opposed to one which was fairly heavily integrated into a union of dozens of other states.

Additionally, such a deal will, of course, make the UK more distant from other European nations, as citizens will no longer be able to travel unrestricted throughout the EU. Ultimately, only time will tell if the decision was beneficial for Britain or not.