November 20, 2015

HEIGH-HO!:

The TPP: If not a "gold standard" agreement, then at least a "silver" -- and worth supporting (Claude Barfield, November 16, 2015, AEI)

While the agreement reached in early October is not perfect, it is better than critics suggest -- a silver medal, at least -- and a number of the flaws stem from America's own protectionist demands. These are not likely to be fixed in a US-led renegotiation.

A larger difference is one of perspective: I do not view the recently concluded TPP as the end of negotiations. Rather, it represents the first phase of a project that will extend over a number of years, with incremental improvements along the way. I would argue that such an evolution defines the history of trade liberalization in the post-World War II period.

Posted by at November 20, 2015 5:13 PM

  

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