Reference no: EM131272284
Why do critics of the TPP argue that President Obama is secretly negotiating away U.S. sovereignty?
A French company sued Egypt because Egypt raised its minimum wage, a Swedish company sued Germany because Germany decided to phase out nuclear power after Japanâ s Fukushima disaster, and a Dutch company sued the Czech Republic because the Czechs didn't bail out a bank that the company partially owned. Philip Morris is suing to stop Uruguay from implementing new tobacco regulations intended to cut smoking rates. These are all examples of what type of provision contained in some free trade agreements including the TPP?
Supporters of the final agreement reached in the TPP negotiations point to stepped-up powers for the U.S. and other TPP countries to put pressure on developing nations to improve labor practices - such as requiring Vietnam to allow independent trade unions and Malaysia to cut down on human trafficking - as reasons to support the agreement. What recourse would the U.S. and other TPP countries have against the offending nation(s) if labor provisions in the agreement are being violated?
Which of the following would NOT be a major implication if the TPP does become a reality?
Where and when was it announced that final agreement had been reached in the TPP negotiations?
President Barack Obama's trade czar identified the broad strategic arguments for the TPP agreement, which included all of the following EXCEPT which one?
The U.S. Korea Free Trade Agreement (KORUS) went into effect in 2012. Since that time, which of the following statements best describes the results between these two nations?
Some TPP member countries are looking at Plan B in case the deal fails. In August, 2016, representatives from 14 Asian countries as well as Australia and New Zealand met in Vietnam for the latest round of talks on the ______, a proposed free-trade block that would be the world's largest and exclude the United States.
The Obama administration has estimated the TPP could produce $77 billion in real income and create 650,000 jobs in the U.S. alone. Which of the following assumptions does this prediction depend on?
Under _____ authority granted to President Obama by the Senate, the TPP will pass through Congress without having its contents available for debate or amendments.
After the TPP deal was announced, Ford Motor Co. proclaimed it a success and urged Congress to approve the deal because U.S. tariffs that protect the domestic car industry won't be eliminated for 25 years, with truck tariffs ending only after 30 years.
While President Obama supports the TPP deal, most of his Democratic party opposes it.
President Barack Obama supports a free trade agreement, known as the TPP, which includes the U.S. and 22 other countries - but not China - and would set commercial rules of the road for two-fifths of the global economy.