The Trans Pacific Partnership ( Tpp )

1349 Words Nov 25th, 2015 6 Pages
Introduction
Passed in October 2015, the Trans-Pacific Partnership (TPP) is the largest free trade agreement (FTA) to date, comprising nearly 40% of the world’s economy. Countries including the United States, Japan, Canada, Australia, South Korea and Mexico, among others share a common economic characteristic of a gross domestic production exceeding 1 trillion dollars annually. Other developing pacific countries included within the TPP include Malaysia, Mexico, Peru, Vietnam, Singapore, Chile, Brunei, and New Zealand. After a decade of negotiation, this economic policy is exceptionally influential in developing countries among the global economy. International relations aim to lower trade barriers for partners of the TPP, making it easier and more profitable for imports and exports to exchange between countries. Lower trade barriers, mainly reduced taxes and tariffs, are expected to promote economic growth, support the creation and retention of jobs, enhance innovation, productivity and competitiveness, raise living standards, reduce poverty, and enhance labor and environmental protections (Vincent 2014). This review thoroughly examines current environmental policy, and outlays implications for policy-specific regulations included within the TPP to enhance the environmental conservation of habitat for marine mammals. A well-known premise is that past behavior is the best indicator of future behavior. Thus, by examining the environmental policy of past trade agreements, and…
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