If Germany's U-Boat campaign would have knocked the UK out of the war and in the ensuing armistice the British Empire would be broken up(yeah I know highly unlikely) just who would get what or rather who would take what? Who would have the most to gain from this economic/political realignment?
Just guessing that Turkey would reclaim parts of the Middle East, Germany would have more territory in the Baltic and Russia. Poland would be under German control. Austria-Hungary would still control the Balkans, which would cause more violence. It would be a free for all in Africa again, India would probably remain under British control. There are so many more possibilities but these are what I just thought up really quickly.
Well I see maybe the US siezing Entente possessions in the Caribbean though Belize maybe gobbled up by Guatemala and maybe also some islands along the routes to Australia. The US would also secure much stronger ties to both Australia & Canada. Japan would probably take Hong Kong ,Indo-China and Malaya . The North Borneo states may fall to either Japan or the US. South Africa takes over Rhodesia while becoming independent while India also becomes independent. Brazil & Argentina may get some South Atlantic islands with the Falklands going to Argentina.