The Trade Promotion Authority and the Trans-Pacific Partnership Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

The Trade Promotion Authority and the Trans-Pacific Partnership Case Solution

The Trade Promotion Authority (TPA) is an agency within the Department of Commerce that works to implement and promote the Trans-Pacific Partnership (TPP). Its purpose is to bring together countries in the Pacific region and improve trade between the countries. However, implementing the TPP has been complicated due to various issues and challenges. This article will discuss some of these issues.

Problem Statement

The Trade Promotion Authority and the Trans-Pacific Partnership are the first trade agreements of their kind to be ratified in the United States. They are a reflection of decades of debate. However, there are legitimate concerns that the final TPP deal will not live up to its promise.

The TPA is the result of a compromise between the executive branch and Congress. Congress promised to fast track the FTAs, and the executive branch has the authority to make them a reality.

The TPA includes an agreement on state-owned enterprises. Parties agree to ensure that their commercial considerations are taken into account when conducting SOE transactions. Also, they commit to ensuring that SOEs are regulated in a fair, impartial, and effective manner.

The agreement also includes a chapter on Intellectual Property. It covers trademarks, patents, trade secrets, and copyrights. This chapter makes it easier for businesses to protect their IP rights in new markets.

There are also country-specific exceptions to some TPP rules. These include a self-judging exception, which allows measures to protect important security interests.

Other notable provisions in the TPP include a commitment to improve information exchange and to increase transparency. For example, Parties are committed to publishing all tariffs and other goods-related information. Furthermore, they have agreed to provide additional information upon request.

One of the key features of the TPP is the inclusion of the most-favoured-nation treatment. All TPP Parties will agree to treat other countries as they would themselves, with respect to labour, market access, and other key terms.

Case Study Solution

TPP is a trade agreement between the United States and 11 other countries. The deal represents one-third of global trade. Its provisions include investment, market access, competitiveness, and labour. This agreement includes 30 chapters.

In addition to trade, TPP covers intellectual property. These include trademarks, copyrights, patents, and geographical indications. The IP chapter will make it easier for businesses to find and protect their rights in new markets.

TPP parties also agree to implement an enforceable rule of law, including the elimination of discriminatory labour practices. The Labour chapter is designed to facilitate the rapid resolution of labour-related issues. This is done through a labour dialogue, where Parties can share information and ideas, agree on the course of action, and expedite the resolution of disputes.

TPP Parties agree to eliminate harmful fisheries subsidies and prevent the illegal trading of wildlife. They also agree to promote sustainable forest management and preserve the ecological integrity of specially protected natural areas.

TPP Parties also agree to protect basic labour rights, including the right to collective bargaining and the elimination of child labour. In order to do this, TPP Parties must maintain legal regimes that prohibit fraudulent commercial activities and other forms of anticompetitive conduct.

TPP is also designed to help small- and medium-sized enterprises, including exporters and service providers. To this end, TPP Parties have agreed to create a Small- and Medium-Sized Enterprises Committee, which will oversee training programs and assistance for small and medium-sized enterprises.

Porters Five Forces

The Trans-Pacific Partnership (TPP) is a trade agreement signed by 11 nations, spanning the Pacific Rim. It would set minimum standards for working conditions in many of the countries participating, creating new jobs and expanding trade. Some of its key provisions include market access, national treatment, and a suite of rules for investment. However, it also contains a host of lesser known commitments.

The TPP contains a plethora of core obligations based on its predecessors, as well as some new ones. One of the highlights is the TPP's IP chapter, which covers patents, trademarks, copyrights, and geographical indications. This chapter is intended to make it easier for businesses to protect their IP rights in markets that may be new to them.

Other notable TPP achievements include the establishment of a labour dialogue, the creation of a Small- and Medium-Sized Enterprises Committee, and the inclusion of the WTO's laudable Trade Facilitation Agreement in the pact. All of these will benefit small and medium-sized enterprises by providing them with the training, tools, and advice they need to take advantage of new markets.

Another highlight is the TPP's new rules of the game, which limit the amount of time governments can impose quantitative restrictions on trade and services. In addition, the TPP will encourage countries to adopt systems-based audits to gauge how well their regulatory controls are functioning. Finally, the TPP has a strong stance on environmental protection, notably by ensuring a sustainable forest management plan and preventing trade in wildlife that has been illegally taken.

PESTLE Analysis

PESTLE is a fancy acronym for Political, Economic, Social, Technological, and Legal Analysis. A PESTEL analysis can help business executives and managers to make the right international business expansion decisions. With the right knowledge, firms can also improve their readiness to deal with the external turbulence that comes with doing business overseas. Among other benefits, the PESTEL method is a good fit for the burgeoning e-commerce industry.

The PESTEL method involves a bit of thought and a lot of reading up on the subject. While PESTEL analysis is not a substitute for a thorough research and evaluation, it can provide useful guidance to businesses on the subject. This is especially true if a company is preparing to enter an international market. In fact, the PESTEL method may be the best way to find out which countries offer the best trade and investment opportunities.

PESTLE is a powerful strategic planning tool that allows firms to identify the nuances of a given locale. It can also help an organization to hone its marketing and sales tactics. Specifically, it can guide an organization to focus its marketing efforts on the appropriate consumers. By identifying the various touch points that could be used to engage with consumers, a firm can effectively woo them into buying its products and services.

As with any strategic planning endeavor, a company should be aware of the myriad complexities that surround its activities. PESTLE analysis can help firms to better understand the local landscape and improve their ability to respond to the whims of the weather.

Financial Analysis

The Trans-Pacific Partnership (TPP) was the centerpiece of President Obama's "pivot to Asia" trade strategy. It would have become the world's largest free trade agreement. TPP was a multi-year negotiation spanning more than 5,000 pages of individual country schedules.

Trade agreements have been a major topic of debate in the U.S. since 2008. There are many reasons to support and oppose this initiative. Some say it could spur economic growth, while others argue it is a travesty that would undercut wages and accelerate the decline in manufacturing. However, there is little consensus on whether or not TPP will ever see the light of day.

TPP is a free trade agreement that covers the United States, Canada, Mexico, Japan, Australia, Peru, Malaysia, Brunei, Singapore, Chile, New Zealand, and Vietnam. These countries are responsible for about 40 percent of the global economy.

One of the most significant features of the TPP was its ability to liberalize services trading. In particular, the trade agreement made it easier to open markets to foreign investors. It also lowered tariffs on some goods, including apparel and textiles. But the deal was also criticized for weakening environmental regulations, as well as labor standards.

A trade deal that's worth mentioning is the TPP Financial Services chapter. The chapter contains core obligations found in other trade agreements, such as national treatment, rules for the financial services sector, and ensuring the safety of money transactions. Other provisions of the chapter include cross-border market access and the ability to regulate financial institutions.

Recommendations

The Trans-Pacific Partnership is an important part of the U.S.'s rebalancing to Asia. It is an agreement between the United States, Canada, Mexico, Peru, Brunei, Singapore, Australia, New Zealand, Chile and Vietnam.

The TPP covers a wide range of issues, including trade, labor, intellectual property rights, government procurement and environmental protection. It is expected to generate economic gains for the U.S. and set the stage for broader trade deals with other countries.

Several critics of the TPP, such as Elizabeth Warren, have argued that it gives multinational corporations too much power over domestic policymaking. They say the deal's protections on labor and environmental standards are unlikely to be consistently enforced.

As a result, the TPP has been criticized for gutting domestic regulations and shipping millions of jobs overseas. Vice President Biden said during the 2020 presidential campaign that the deal isn't perfect, but that he hopes to renegotiate it to include stronger labor standards.

However, the TPP is an important step in rebalancing to the Asia-Pacific. It will allow companies to better access foreign markets. Also, it will strengthen the U.S.'s ties with emerging strategic partners in the region.

The deal also deepens rules on intellectual property, cross-border data flows and pharmaceutical regulations. It is expected to spur innovation in the U.S. services sector. In addition, it will build on the WTO's rules and help make all economies more efficient.

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The Trade Promotion Authority and the Trans-Pacific Partnership Harvard Case Solution & Analysis