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Trans-Pacific Partnership

a trade agreement between several Pacific Rim countries

The Trans-Pacific Partnership (TPP) is a proposed free trade agreement drafted 5 October 2015 between several Pacific Rim countries. It is about many different matters of economic policy. Among other things, the TPP seeks to lower trade barriers such as tariffs, establish a common framework for intellectual property, enforce standards for labour law and environmental law, and establish an investor-state dispute settlement mechanism.[1]

ReferencesEdit

  1. "What is the Trans-Pacific Partnership?". Vox. Retrieved 2 Jul 2015.