The Implications of Trade Liberalization on TPP Countries' Livestock Product Sector

摘要

Problem Statement ： The Trans-Pacific Strategic Economic Partnership Agreement (TPP) is a new free trade agreement in the Asia and Pacific. It may lead to an increase in productivity and efficiency in Asia Pacilic, especially in the livestock sectorand thus lead to higher growth and economic and social well-being. Approach ： To address TPP issues and other questions that are associated to alternative policies on the livestock sectors, a computable general analysis model (CGE) or Global Trade Analysis Project (GTAP) was employed to highlight the incidence of protection change on the variables of interest. Results ： Real GDP of the TPP economies were increased by up to one percent in eight of the ten participating countries, namely Canada, Vietnam, New Zealand, Malaysia, Australia, Singapore, and Peru with newly Japan participation. Conclusion ： The TPP would benefit, even small, both the economies and welfare with the elimination of tariffs.