ECON INTERNATIONAL TRADE

The Trans-Pacific Partnership (TPP) is a large regional agreement that involves 12 nations, including Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Singapore, the United States, and Vietnam. It is part of a larger Asian foreign policy agenda and has been considered highly controversial. The “Headlines: Making the Case for Trade” reviews the main arguments for free trade and argues that freer trade results in a wider variety of goods at lower prices, firms engaged in trade tend to have higher wages than other firms, that gains will come from the elimination of tariff, among others. But there are controversies as well. Please list and briefly discuss at least five controversial issues related to the proposed formation of TPP. Limit your answers to the space provided below (one page only).

Controversial issues and why they are important

1.