408). As a result, over time, the TPP would help to clear up the messy entanglement of the numerous contradicting FTAs present in the Asia-Pacific region and beyond. Basically, solving the overlapping entanglement of some 300 plus global FTAs. Further, the implementation of the TPP was meant to have some political advantages for both Japan and the United States as they work through a very strained and sometime contensious relationship. By convincing Japan to join the TPP, the United States would have some leverage in battling the continually growing China economic presence. These had huge economic implications that were not addressed with the simulation conducted in the study, even though the inclusion and exclusion of China was tested for comparison results. Finally, economic impact could include jobs and wages, banking and lending regulations, energy policies, immigration, technology, environmental issues, and food safety (Stamoulis, 2013). While not directly impacting GDP or economic growth and vice a versa, these areas contribute to the comparative advantage of any country through skilled labor, governement policies and technology developments (Carbaugh, 2015). It was important to include these components of production and economics into the
408). As a result, over time, the TPP would help to clear up the messy entanglement of the numerous contradicting FTAs present in the Asia-Pacific region and beyond. Basically, solving the overlapping entanglement of some 300 plus global FTAs. Further, the implementation of the TPP was meant to have some political advantages for both Japan and the United States as they work through a very strained and sometime contensious relationship. By convincing Japan to join the TPP, the United States would have some leverage in battling the continually growing China economic presence. These had huge economic implications that were not addressed with the simulation conducted in the study, even though the inclusion and exclusion of China was tested for comparison results. Finally, economic impact could include jobs and wages, banking and lending regulations, energy policies, immigration, technology, environmental issues, and food safety (Stamoulis, 2013). While not directly impacting GDP or economic growth and vice a versa, these areas contribute to the comparative advantage of any country through skilled labor, governement policies and technology developments (Carbaugh, 2015). It was important to include these components of production and economics into the