POLSCI 2I03 Lecture Notes - Lecture 12: Ebay, Wall Street, Investment
24 Nov 2016
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Has been agreed to w/ 12 different partners but nothing has been done quite yet. Canada wants to ratified -- but us (pres-elect rn) is not. These 12 counties represent about 40% of the world trade. The tpp would create a single market b/t them. It would be an integrated market without barriers. Focuses on growing a single-market with freer trade and fewer tariffs. It would be in a way a better club. Access to buy things in a cheaper rate. They agree to get rid of the things that make trading more expensive. But they refuse to trade w/ those that are not within this club. Canadians would benefit from this - we"ll now have access to sell products that we weren"t able to do before. But some people are worried that this will lead to contracting out. But through this deal they have to implement a min. wage, Wall-street - people that front the money and new risks.
