SBMG10013 Lecture Notes - Lecture 8: Pacific Partnership
Document Summary
Also known as free trade or free trade agreement between 12 countries like australia, brunei, Canada, usa and singapore, japan chile, peru mexico vietnam and malaysia. Tpp their goal is improve economic growth by cut down taxes and allow them to move goods in lower prices. Tpp designed to create new single market like eu. Before making this agreement, the trade of canada with other involved countries involved some restrictions which does not allow canada to export or import products at competitive price.