The Trans Pacific Partnership Agreement - 1544 Words

Milk, dolphins, and video games-- These items may seem random, but they all have one thing in common the Trans-Pacific Partnership. This, seven years in the making, the document has now finally showed all its entire document on November 5th, 2015. Where it is now being reviewed by congress for ninety days (DePillis, 2015). However, what exactly is the Trans-Pacific Partnership agreement? Also, how does this affect society? While the last question is too broad to answer; this paper will show the effects on three specific products: milk, dolphins, and video games. The Trans-Pacific Partnership agreement will affect video games, dolphins, and milk through the various effects of the Trans-Pacific Partnership agreement. Such as, cheaper labour, copyright laws, and food regulation. In order to understand how the Trans-Pacific Partnership will affect us, we must understand what this agreement is. The Trans-Pacific Partnership agreement is a twelve country trade agreement made up of Australi a, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam (Summary 1). This list may include India in the future (Kravets, Obama praises). This agreement is to, â€Å"...promote economic growth; support the creation and retention of jobs; enhance innovation, productivity and competitiveness; raise living standards; reduce poverty in our countries; and promote transparency, good governance, and enhanced labor and environmentalShow MoreRelatedThe Trans Pacific Partnership Agreement983 Words   |  4 PagesEvaluating the Theoretical Policies in the Trans-Pacific Partnership Agreement Liberalism asserts several tenets that explain the United States’ people’s failure to approve of a potential trade agreement, the Trans Pacific Partnership. Classical Liberalism refers to a series of concepts which are contingent upon individual autonomy. The Trans-Pacific Partnership Agreement (TPP) refers to a proposed free trade deal amongst 12 countries across the Asia-Pacific region including the USA. The tenets ofRead MoreThe Trans Pacific Partnership Agreement1918 Words   |  8 Pagestaken by those involved because it is a matter that effects people deeply, and when foreign governments and markets are thrown into the mix as well then the fireworks will begin. The Trans Pacific Partnership agreement is no exception to this, hard lines for and against have formed stronger and stronger as the agreement has shaped, and each side has their reasons why they are right, but both cannot be right simultaneously so the question has to be asked which side is right? The Was hington post andRead MoreTrans Pacific Partnership : A Free Trade Agreement1066 Words   |  5 PagesThe Trans-Pacific Partnership, also known as the TPP is a free trade agreement that is among 12 countries including Canada. This trade agreement is for the 21st century. The deal is between Australia, United States, Brunei, Peru, Singapore, New Zealand, Japan, Mexico, Chile, Malaysia, and Vietnam. According to this, the agreement covers 40% of the world’s economy. The TPP’s effective goals are to improve trade, investment, economic growth, job creation, development, and innovations through the partnershipRead MoreThe Trans Pacific Partnership Free Trade Agreement Essay1612 Words   |  7 Pagesabout 12 Countries in the Pacific region, 8 years of restricted secret meetings, an estimated 28,000,000,000,000(28 trillion dollars) which equals roughly 40% of the worlds Gross Domestic Product(GDP) and Congress can’t make any provisions what so ever. The Trans-Pacific Partnership Free Trade Agreement(TPP) is the largest trade deal to ever be executed in history. In 2005 4 Countries Brunei, Chile, New Zealand and Singapore Signed the Trans-Pacific Strategic Economic Partnership program(TPSEP). In 2008Read MoreKey Provisions Of The Trans Pacific Partnership Agreement1656 Words   |  7 PagesThis paper focuses on the key provisions of the Trans-Pacific Partnership Agreement. The agreement is an expansion from the Trans-Pacific Strategic Economic Partnership Agreement to now include 12 countries. The U.S. government has specific objectives, 13 in fact, for the agreement. If finalized, the agreement would encompass 40 percent of the world’s economy and produce over $300 billion U.S. dollars a year. Labor, goods, services, textiles, and intellectual property make up some of the key provisionsRead MoreTrans Pacific Partnership : A Free Trade Agreement Essay1719 Words   |  7 PagesThe Trans-Pacific Partnership is something that you may hav e heard of on the news, but like many, you probably do not know what exactly it is. The Trans-Pacific Partnership or TPP as it is commonly referred to in shorthand is a free trade agreement that the United States and 12 countries which includes Australia, Canada, Japan, Malaysia, Mexico, Peru, the United States, Vietnam, Singapore, Brunei, and New Zealand. Free Trade means that tariffs are virtually dismantled in between countries to supposedlyRead MoreThe Trans Pacific Partnership Is A Controversial Free Trade Agreement1214 Words   |  5 PagesThe Trans-Pacific Partnership is a controversial free trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam, which encompass forty percent of the total global economy, making it the largest trade deal signed in the last twenty years. While President Barack Obama has been pushing this agreement, many politicians have come out against it, including presi dential hopefuls Donald Trump and Bernie Sanders, callingRead MoreThe Trans Pacific Partnership Is An Asia Pacific Regional Free Trade Agreement1146 Words   |  5 Pagesâ€Å"The Trans-Pacific Partnership is an Asia-Pacific regional free trade agreement currently under negotiation between the Unties States and about a dozen countries surrounding the Pacific Ocean† (Weddle, 2013). It’s a giant free trade deal that has been in the process of negotiation for about a decade. The ultimate goal of the deal is to join countries together through a unified agreement and make free trade among these counties smooth and painless. The trade agreement covers everything from tariffsRead MoreTrans Pacific Partnership : A Multilateral Free Trade Agreement1958 Words   |  8 Pagesthe Trans-Pacific Partnership (Greenburg, par. 4). The United States will supposedly lose sovereignty and it will hurt jobs and economy by including China in the Trans-Pacific Partnership. However, the pa rtnership involving China will improve both countries relations and economies tremendously and willcreate many more jobs. Therefore, the United States needs to invite China into the Trans-Pacific Partnership. The Trans-Pacific Partnership, also known as the Trans-Pacific Strategic Partnership AgreementRead MoreA Short Note On Trans Pacific Partnership ( Tpp ) Trade Agreement1423 Words   |  6 PagesPresident, I am writing this letter in regards to the involvement of the U.S. in the current negotiations of the Trans-Pacific Partnership (TPP) trade agreement. I would like to address the current flaws that this partnership presents for the United States and how it will negatively affect not only our economy, but the American people as well. This agreement with eleven other Asia-Pacific countries aims to â€Å"open markets, set high-standard trade rules, and address 21st-century issues in the global economy†