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Annotated Bibliography
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Annotated Bibliography
Ciuriak, D. (n.d.). Canada and the Trans-Pacific Partnership: Recap and Scoresheet. Retrieved February 12, 2019, from https://www.asiapacific.ca/canada-asia-agenda/canada-and-trans-pacific-partnership-recap-and-scoresheet
The long-term economic benefits of the Comrprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are comprehensively analyzed in the article. One of the dominant cause of the economic sustainability is driven by the tremendous increase in the the investment and exports of goods and services. For instane, Canada is progressing to have preferential access to conduct business in the markets where Free Trade Agreement (FTA) is not signed. Japan, Malaysia, Vietnam and Australia are those states that will consequently boost the economy of Canada. In addition, the markets of transportation equipment and agriculture lie at the very heart of utilizing the potential economic advantages of the CPTPP. The article conducts an empirical comparison of the TTP and CPTPP to underpin the gains produced by the CPTPP because of the absence of the United States.
Government of Canada, F. A. T. and D. C. (n.d.). Economic impact of Canada’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Retrieved February 12, 2019, from https://international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cptpp-ptpgp/impact-repercussions.aspx?lang=eng
In this article, a strategic evaluation of the repercussions of CPTPP are delineated. The deal will permit Canada to realign the relations in the region of Asia Pacific in a sustainable manner. It sketches the strengthed interest of Canada manifested by the engagement of the United States. An intricate appraisal of the article reveals some threats posed by the deal besides productive outcomes. For instance, the signatory nations of CPTPP have to remain cautious about the delecate agreement becoming a detrimental tool to initiate trade wars. However, the sustainable prospects of the deal are far greater than the speculated hostile repercussions. The dimesnions of agri-food and agriculture are comprehensively assessed. The agreement will lift the agri-fod exports to a considerable extent. After the successful execution of the deal, the rise of new products is estimated to further accelerate the gains for the signatory parties.
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). (n.d.). Retrieved February 12, 2019, from http://cafta.org/trade-agreements/cptpp/
The prolific implications of CPTPP for the agri-food sector are extrapolated in the article.
In the long-term, the preferential access to the vital nations as Vietnam, Singapore, Japan and Malysia will cause the agri-food sector to witness an immense economic growth. The President of the Central American free Trade Agreement (CAFTA) deduced the economic growth to be in excess of $75 billion in the exports of agri-food by 2025. Such ambitious are the implications of the deal for the domestic industry of Canada. The Canadian government has to play an instrumental role to ensure the sustainable and potential execution of the deal to maximize the national interest. The CTPTPP makes Canada the only G7 state with free trade access to the Asia-Pacific, Europe and America.
Government of Canada, G. A. C. (n.d.). CPTPP benefits for Canada. Retrieved February 12, 2019, from https://international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cptpp-ptpgp/benefits-avantages.aspx?lang=eng
The article reflects both domestic and global reperscussions of the CPTPP for Canada. Besides creating a massive number of jobs, the deal enables Canada to maximize its interest in the Asia by initiating commercial ventres of the new FTA partners. The inclusion of vital chpaters as dispute settlement mechanaism and the fully enforceable workforce will be beneficial for the domestic industrial growth of Canada. Furthermore, the reduction in the tarrifs on a wider scale will make the compnies to witness a competitive environment in the state and global market. The deal presents a rare opportunity to position Canada as the hub for global trade and commerce after the preferential access throughout the diverse markets across the globe. In conclusion, the article highlights the elimination of technical impediments to promote and regulate cooperation and transperancy.
References
ADDIN ZOTERO_BIBL {"uncited":[],"omitted":[],"custom":[]} CSL_BIBLIOGRAPHY Ciuriak, D. (n.d.). Canada and the Trans-Pacific Partnership: Recap and Scoresheet. Retrieved February 12, 2019, from https://www.asiapacific.ca/canada-asia-agenda/canada-and-trans-pacific-partnership-recap-and-scoresheet
Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). (n.d.). Retrieved February 12, 2019, from http://cafta.org/trade-agreements/cptpp/
Government of Canada, F. A. T. and D. C. (n.d.). Economic impact of Canada’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. Retrieved February 12, 2019, from https://international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cptpp-ptpgp/impact-repercussions.aspx?lang=eng
Government of Canada, G. A. C. (n.d.). CPTPP benefits for Canada. Retrieved February 12, 2019, from https://international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cptpp-ptpgp/benefits-avantages.aspx?lang=eng
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