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Diane Publishing Books
Trans-Pacific Partnership (TPP) Countries: Comparative Trade and Economic Analysis
Brock R. Williams (au)
The Trans-Pacific Partnership (TPP) is a proposed regional free trade agreement (FTA) currently under negotiation between Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the U.S., and Vietnam. The negotiating partners have expressed an interest in allowing this proposed äóģliving agreementäó¯ to cover new trade topics and to include new members that are willing to adopt the proposed agreementäó»s high standards. To that end, Canada, Japan, and Mexico have begun consultations with the partner countries about the possibility of joining the negotiations. The TPP negotiations are of significant interest to Congress. Congressional involvement includes consultations with U.S. negotiators on and oversight of the details of the negotiations, and eventual consideration of legislation to implement the final trade agreement. This report provides a comparative economic analysis of the TPP countries and their economic relations with the U.S. It suggests that the TPP negotiating partners encompass great diversity in population, economic development, and trade and investment patterns with the U.S. This economic diversity and inclusion of fast-growing emerging markets presents both opportunities and challenges for the U.S. in achieving a comprehensive and high standard regional FTA among TPP countries. Tables and figures. This is a print on demand report.
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