Australia Stands to Enjoy Income Gains Under the TPP

A new study, undertaken by economists from Brandeis International Business Schools and Johns Hopkins University, shows Australia stands to enjoy income gains under the Trans-Pacific Partnership, which is based on an agreement among the remaining 11 members of the TPP showing the United State’s withdrawal in 2017.

 

The report projects %15.6 billion in net annual benefits to national income by 2030 and increases in exports of $29.9 under the Comprehensive and Progressive TPP which is based on an agreement among the remaining 11 members of the TPP and is likely to expand in the future.

 

Source: www.manmonthly.com.au