The U.K.'s Jeremy Corbyn has vowed to kill the TPP deal. Does the trade deal provide net benefits to the U.K.?

  • Ten years of haggling and still no agreement?

    Haggling between countries has taken a decade or more, but finally there's a structured framework in place for the TPP. what is there not to love? It's good for everyone involved and that's been proven time and time again, both in practice and in models. This has turned into a pissing contest, and I believe that some of the people involved are too blind to see the bigger picture.

  • Yes, the TPP trade deal does provide net benefits to the U.K.

    The U.K. has benefited from free trade with European Union members, and would benefit from the TPP deal as well. Consumers would be able to save money on products that can be produced in less expensive countries. This would leave consumers with more money to spend elsewhere in the U.K. economy. The country's sellers would have access to more markets for their goods and services. In short, the TPP trade deal would be a win-win for both consumers and sellers in the U.K.

  • TPP Beneficial for all countries involved.

    The TPP is a fantastic free-trade partnership that will foster economic growth for all countries involved. Slashing tariff's and opening up trade allows countries to benefit from each others strengths and production. Free trade keeps prices low and competitive for the consumer and fosters competition among corporations in the various economies involved.

  • No, the TPP trade agreement does not benefit the U.K.

    The UK is not a signatory to the Trans Pacific-Partnership, and thus would not derive benefits from it. A similar free trade agreement, called the Transatlantic Trade and Investment Partnership, is being discussed between the European Union and the United States. One of the reasons that a free trade agreement would not benefit the United Kingdom is that standards of health and safety in food and agriculture would be lowered so that American products could be sold on the European market.

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