How does withdrawal benefit america

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Question: Creating the World's Biggest Free Trade Zone (pp.616 - 617)

What are the benefits of the proposed TTIP?

Can you think of any drawbacks associated with the TTIP?

Two decades ago when the United States entered into the North American Free Trade Agreement with Canada and Mexico, there was significant opposition from organized labor and some politicians. There does not seem to be the same level of opposition to the TTIP. Why do you think this is so?

The Trans Pacific Partnership (TTP) met with significant political resistance in the United States when it was announced, (you may refer to the closing case to Chapter 6), while the TTIP did not. Why do you think this is the case?

One of the first actions of President Trump was to withdraw from negotiations on establishing the TTIP. Why do you think he did this? How does withdrawal benefit America? What are the opportunity costs of not pursuing the TTIP? Is Trump's decision good for American business? For American consumers?

Reference no: EM133630241

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