The TTIP Harvard Case Solution & Analysis

The TTIP Case Study Solution 

TTIP is basically a single free trade investment region where the world’s two big economies USA and EU are doing trade. Together they represent 50% of world’s GDP, from which, over 600 million are the richest consumers.In 2016, the United States and the European Union fought to agree over the Transatlantic

Trade and Investment Partnership (TTIP) begun in June 2013, but TTIP dealings’ finalization's took much longer time than expected, with decisions going ahead the two sides of the Atlantic and a rising hostility in the general assessment.

   Alternative Solutions or Options

If TTIP would happen between the US and the EU; it will not only boost the US or EU economy but would also improve the entire world ’economy by 80 billion,which would increase one third of the world global trade and would create millions of employments as well.

Regulatory Issues

  1. Health: Food and Medicines products should be made according to both the markets’consumers.
  2. Safety: Car safety guidelines should be modified according to the respective market,for example both the US and EU have different but similar safety guidelines,such as: car lights, door locks and electric windows.
  3. Environment: Producing goods in safe and healthy environment for the worker and the consumers, for example: opening in a factory outside the city so the goods’ production would not cause environmental hazards. .

Tariff

  1. There should be a policy where a particular amount of duty should be implied on the goods, which will automatically build more severity among the world’s two biggest economies.

Recommendation(s) and Implementation

I for one suggest that if TTIP tends to increase the numbers of trade opportunities and investments opportunities which the countries are looking for in order to flourish, then TTIP the best fit that should be chosen.

Basically TTIP would increase the employment opportunities, leading to millions of people getting employment around the world and helping the underdeveloped and developing countries to increase their resources for a better future.

TTIP would help the developing countries in having an increase in their market presence in both the untapped markets of EU and US, which would benefit the countries in:

  1. Improves their Domestic Infrastructure.
  2. Diversifies their Export Market.

 Who would be the winners and losers?

In The EU, Great Britain, Sweden, Ireland and Spain have gain greatly from reinforcing trade connections between the US and the EU.

As Well as the non-TTIP economies suffer the importance of marketer-designing. Canada and Mexico are greatly affected as TTIP will remove the value of their existing free deal agreement with the US). Low transport could answer in a decrease in per dollar earning per person by 7.22% in Mexico and 9.51% in Canada.

Property losses also happen in Asia as well as in non-EU countries in EU. E.g., Japan's sole long-term income will be decreased by about 6%. Other important loss will include growing countries. In specific, North and W. African countries that formerly had strong trade connections with the EU will find it difficult to find other export vendors.

Monitor and Control

Transatlantic trade & Investments Partnership (TTIP) would increase the presence of other countries in the untapped market in EU and US, which will bring more investment in all the countries who would have strong relationship with the US and EU, which would help them in increasing their overall economy. TTIP has the potential to create employment opportunities in many countries throughout the world. TTIP will increase the jobs for millions of people around the world.And will increase the employment rate, and as the employment rate increases, so does the overall growth of the country.....................

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