Discuss the pros and cons of the tpp

Assignment Help Business Economics
Reference no: EM131452735

The United States has formally withdrawn from the Trans Pacific Partnership, a trade agreement that would create a trade partnership among 12 Pacific Rim countries if it had gone into effect.

1. Discuss the pros and cons of the TPP.

2. Analyze how eliminating tariffs through the Trans Pacific Partnership would affect two companies, Nike and New Balance and discuss whether the benefits of eliminating footware tariffs would greatly help the US economy or eliminating tariffs would damage the US economy by shutting down America's few domestic footwear factories

New Balance Wants Tariffs, Nike Doesn't https://www.businessweek.com/articles/2012-05-03/new-balance-wants-its-tariffs-dot-nike-doesnt#r=lr-fst

Before you start your discussion, please watch the following short videos. In the first video, Senator Sanders is opposing the TPP, in the second video President Trump is criticizing the TPP, in the third video President Obama is supporting the TPP.

Sanders speech on TPP (about 4 minutes) https://www.youtube.com/watch?v=4BDNa9Iu634 (Links to an external site.)

Trump's speech on TPP (about 4 minutes)

https://www.youtube.com/watch?v=kihtDxtcZ54 (Links to an external site.)

Obama's Tpp speech (about 5 minutes) https://www.youtube.com/watch?v=tXQnti9xtHo (Links to an external site.)

You can use the following to learn more about Trans Pacific Partnership (More information is on Week 8 Additional Readings in Lessons Tab and in Shared Resources Module 3)

https://www.youtube.com/watch?v=4juvjcRfChM (Links to an external site.)

TPP Explained https://www.nytimes.com/interactive/2016/business/tpp-explained-what-is-trans-pacific-partnership.html (Links to an external site.)

The Trans Pacific Partnership: Who Wins, Who Loses, Why It Matters?  https://www.latimes.com/nation/politics/politicsnow/la-pn-trans-pacific-partnership-20140219,0,6747764.story#axzz2vytVO6Yp (Links to an external site.)

Reference no: EM131452735

Questions Cloud

Examine the properties of human lysosomal beta-glucosidase : BM327 BIOCHEMISTRY LAB REPORT - Explain why measurements for reaction 1 were different from reactions 2 and 3. Can you determine the expected level of p-nitrophenol ionisation at pH 5.5 versus pH 9.2 (note: you need to apply a specific equation to ..
Prepare your nab company name and explain its significance : Create your NAB company name and explain its significance. Develop your company's Mission Statement and provide a rationale for its components.
Discuss about the leadership of germany : Nazism dominated for 12 years for one reason and that is leadership. The control that leadership of Germany had over its people and nation was out of control.
Program the robot to pick up the parts from a fixed position : This exercise is intended to simulate a palletizing operation. The apparatus includes: six wooden (or plastic or metal) cylinders approximately 20 mm.
Discuss the pros and cons of the tpp : The United States has formally withdrawn from the Trans Pacific Partnership, a trade agreement that would create a trade partnership.
What is the secs position on the use of numerical thresholds : What is the SEC's position on the use of numerical thresholds? What does the term netting mean in the context of misstatement judgments?
Percentage of the total payments made during first five year : Halfway through the loan's life, what is loan's remaining balance? What percentage of total payments made during first five years will be made toward interest
Participation rate of youths and the prime age group : Because of the decreasing labor force participation rate of youths and the prime age group, the overall labor force participation rate is expected to decline.
Capital structure will the firm run out of retained earnings : what size capital structure will the firm run out of retained earnings?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd