Flashcards in TPP (trade relationships) Deck (10)
has the TPP come into action yet?
how many countries are in the TPP and when was it signed?
what % of world trade do the countries involved make up?
why was the agreement created?
to attempt to create a new single market
something like the EU
when did the US pull out of the TPP?
in 2017 by order of Donald Trump
can the agreement work without the US?
by january 2018 at least six countries need to sign that make up 85% of the groups economic output
without the us this is not possible
japans prime minister said it would be meaningless
what collective population do the countries have?
what did tariff aim to do?
get rid of or lower tariffs on trade especially on agricultural and industrial products
what would be the significance of the trade deal?
it would be the largest free trade area in the world