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Econ 239 Discussion 2

Econ 239 Discussion 2
Group Discussion 2
(9 Available after Monday, March 21, 2016 7:00 AM EDT. 6 Locked after Saturday, March 26, 2016 11 :59 PM EDT.
Topic:

Read the following paragraphs cited from ‘Foreign Affairs, Trade and Development Canada’ and then answer the question that follows:
The Government of Canada’s Ambitious, Pro-Export Plan: Creating jobs, growth and long-term prosperity
Canadians’ prosperity and standard of living depend on trade. Reaching beyond our borders for economic opportunities that serve to grow
Canada’s trade and investment is key to the prosperity of every hardworking Canadian. Trade has long been a powerful engine for Canada’s
economy. It is even more so in the current environment of increasing global economic integration.
Canadian jobs and prosperity depend on the business we do with other countries. In fact, trade accounts for more than 60% of Canada’s gross
domestic product, while exports account for one in five Canadian jobs. The Government of Canada is committed to providing Canadian workers,
businesses and investors with the tools, access and support they need to succeed in global markets.
Canada is now working with 11 partners in the Trans-Pacific Partnership initiative to conclude one of the most comprehensive and ambitious
trade agreements in history – that will cement Canada’s position as a world leader in free trade. The Trans-Pacific Partnership (TPP) will deepen
our trade ties in the dynamic and fast growing Asia-Pacific region while enabling us to maintain a strong North American production platform,
creating jobs and opportunity here in Canada. This agreement has the potential to generate even more benefits than the trailblazing North
American Free Trade Agreement (NAFTA). Since NAFTA came into effect, more than 4.5 million jobs have been created in Canada and our country’s
annual income has risen by roughly $1 trillion.
Source: Foreign Affairs, Trade and Development Canada
http://mvwinternationalgcca/trade-agreements-accords-commerciaim/agr-acc/tpp-ptp/why-pourquoLaspx?lang=eng

Question:

Present your arguments in favour or against Canada’s decision to liberalize trade further through the Trans-Pacific Partnership.

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