Description
i will give you a document to describe this question
Unformatted Attachment Preview
Purchase answer to see full attachment
Explanation & Answer
I have attached the outline as well
Essay Econ Questions Outline
I.
Introduction
1. Globalization encourages trade between various nations globally
2. International trade facilitated by the ratification of trade agreements
Thesis: The TPP is the largest trade agreement in history since signatory nations account for
about 40% of the global GDP
II.
III.
IV.
V.
VI.
Negotiation Impacts
1. Japan is the second largest economy in the TPP after the USA
2. Need for Japan to protect their ancestors’ hard work in maintain their food and
environmental culture; the negotiations could not reach a conclusive agreement
(Gianni, 2016)
Rice Surplus
1. The Trans pacific partnership trade agreement aim at seeing the nation involved
lowering different barrier to trade
2. The price of a ton of rice in Japan stands at $4,000
3. Imported rice, it will see the rice prices dropping to $2,800 a ton
4. Demanded in the nation will increase and shrink the rice growers’ producer
surpluses
TPP Impacts USA Consumers
1. The Trans pacific partnership trade agreement aim at seeing the nation involved
lowering different barrier to trade
2. Prices of food will go upwards
3. Increase the real income of the USA consumers
4. More jobs which will improve their quality of life
Japanese Consumers Impacts
1. The TPP agreement will mean that tariffs will be used in lowering the prices of
farm, dairy and other good in Japan (Mina, 2015)
2. Consumers will purchase products at much cheaper prices
3. Increase the rates of competition
4. High rates o...