From Stumbling Blocks to Building Blocs
From Stumbling Blocks to Building Blocs
Why we need to take another look at hemisphere-wide free trade
With negotiations on the Trans-Pacific Partnership (TPP) nearing a conclusion, proponents of free trade are increasingly optimistic about the numerous trade and commercial opportunities this new pact—which would link 12 Pacific Rim countries in a free-trade bloc—will create. Other regional trade discussions, such as the Regional Comprehensive Economic Partnership (RCEP) and the more aspirational Free Trade Area of the Asia-Pacific (ftaAP), are in various stages of negotiation and have the potential to further transform the global economic landscape. As we consider the numerous benefits and...
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