What are other likely changes?
There are many questions that don't have clear answers. How will the U.K.'s oil wealth be divided up? Will Scotland's social welfare protections be better or worse off? Will there be an exodus of business down south? Will jobs be lost? Unionists and pro-independence backers disagree on the answers. You can read more on these issues here.

How does Scotland's vote affect the USA?
The special relationship between the U.K. and USA is unlikely to be altered dramatically. One area that is of major concern for Obama is the U.S. nuclear submarines that are based about 20 miles outside of Glasgow and currently leased to London, forming the backbone of the U.K.'s nuclear deterrent. Scots are against the base being there and may push to move it if independence prevails.

How might financial markets view independence?
With some trepidation, at least initially. There are a lot of assets that would need to be divided. The Organization for Economic Cooperation and Development has said the prospect of an independent Scotland adds to geopolitical uncertainty that may affect global growth.

	Created by Andrea Leyden about 10 years ago

This Note outlines some of the key questions and answers about the Scottish vote on Independence. The referendum will be voted on 18th September. Source: USA Today

What You Need to Know About the Scottish Referendum