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TPP: the most ambitious trade agreement in the history
The Trans-Pacific Partnership Agreement (TPP, for its acronym in English) creates a tariff-free zone representing about 40% of world gross domestic product (GDP). The member countries of the treaty are the United States, Japan, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Agricultural quotas have been one of the areas that has cost close from a dozen countries, whose economic fundamentals differ profoundly.