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by cmarschner
3700 days ago
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The estimated benefit of TTIP is 400,000 jobs and 0.5% GDP for the EU. Not much. Apparently, the few selected MoP in Germany who were given access to the drafts had a few hours to look at a 1000+ pages, in English legalese, with a dictionary but no internet access. Apparently, the drafts were full of certain spelling errors. The assumption was that they were personalized and injected on purpose such that photographs could be traced back to the origin. Source - German media coverage. |
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My support for most post-globalisation trade liberalisation treaties tends to be lukewarm. However, this can't really be called "not much". 400,000 jobs against a working population of ~300M is a decrease in unemployment by .13 percentage points. 0.5% increase in GDP is still ~70B that otherwise wouldn't be there.