How would have implementation of TPP impacted the United States balance of trade and trade deficit.

There are two economic based questions below and expectations are for economic based answers. I realize there were political aspects and wrangling over these topics but discussions must focus on economic factors. Essay is not to include definitions, historical perspectives, talking points, or personal attacks. References to individual must include a title where applicable, i.e., President Clinton, not Bill Clinton; Vice President Gore, not Al Gore.

For your group discussion essay, thoroughly answer at least two questions from both the Trans-Pacific Partnership (TPP) question and the North American Free Trade Agreement (NAFTA) question

President Trump has withdrawn the United States from inclusion in the Trans-Pacific Partnership (TPP).

What does this mean for the United States?

What impact will this have on the remaining countries?

What countries win; what countries lose?

Compare and contrast some of TPP’s good and bad points.

Would this have been a good agreement for the American worker?

Would this have been a good agreement for the American consumer?

How would have implementation of TPP impacted the United States balance of trade and trade deficit.

If you were the sole decision maker for the implementation of TPP, what would you have done and why?

The North American Free Trade Agreement (NAFTA) was replaced by the United States–Mexico–Canada Agreement (USMCA).

What do you see as short-term and long-term trade effects?

Is replacement good for the American worker?

Is replacement good for the American consumer?

How will replacement of NAFTA impact the United States balance of trade and trade deficit.

How will replacement impact union labor?

How will replacement impact employment?

What sectors will be benefited?

What sectors will be impacted?

If you were the sole decision maker for implementation of the United States–Mexico–Canada Agreement (USMCA), what would you do and why?