Free-trade agreements - Opening up the Pacific
MOST Americans have not heard of the Trans-Pacific Partnership (TPP), a free-trade area of countries dotted around the Pacific Ocean. They will soon. This weekend it has suddenly emerged as the most promising trade liberalisation initiative since the Doha round of world-trade talks stalled in 2008. On November 11th, Japan, the world’s third-largest economy, announced its intention to join America and eight other countries in negotiating what its advocates hope will emerge as the new gold standard for free trade in the world’s most dynamic economic zone...Mais
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