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Identify the potential costs and benefits of this agreement (extract 1 and…
Identify the potential costs and benefits of this agreement (extract 1 and 2) for Japanese producers and consumers, using appropiate theory & diagrams from the module materials
The agreement will open up the Japanese market of 127m consumers to key EU agricultural products... the Europeans stand to gain most from exports of consumer product, such as cheese, pork, and wines.
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it will reaffirm their shared commitment to sustainable development, and include for the first time a specific commitment to the PAris climate agreement
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The EU currently imposes a 10% tariff on Japanese cars. Under the agreement, it will lower this to zero over eight years.
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Will specialisation and free mutual trade impact employment, the japanese economy and the different sectors?
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