What is the trans pacific partnership

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Assignment:

What is the Trans Pacific Partnership (TPP)? What is the recent Canadian significance to TPP? What is a Free Trade Agreements (FTA)? Other than TPP, provide 2 other examples of FTA's. Why was the US, until recently a big proponent of FTAs? What is behind Trump's ongoing tirades on FTAs? Given that we (Canada) share so much with the US, why is Trudeau such a cheerleader for FTAs. What is a trade deficit/surplus?

Why should governments concern themselves with trade deficit/surplus The article mentions that the Trump is now upset with China's breach of sanctions imposed on North Korea. What are sanctions and their purpose? Trump has been quite vocal about how NAFTA has been a bad deal for the US.

Although he has focused most of his criticism with the trade deficit wit Mexico, he has also pointed the finger to Canada as well. From the data and conclusions that you have made from the Canada US Trade assignment, does Trump have any basis for his point of view. Explain.

 

 

Reference no: EM133412244

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