General Discussion
In reply to the discussion: Forget the DU created issues. How does Hillary not have an opinion on TPP? [View all]JDPriestly
(57,936 posts)corporations or even two nations. But it is a terrible way to resolve disputes between a very powerful entity and a very weak one such as a large corporation and a developing nation.
Bilateral (unilateral) trade agreements are best because they do not make individual countries i a group of countries extremely dependent on the group if it wants to exercise a moral or economic decision to refuse to trade with a country with which it for one reason or another decides it doesn't want to trade.
You paint an overly optimistic picture of the European trade zones. Think of Greece (and Spain and other countries that are, in the European trade zone, the debtor countries as we are in NAFTA). Think of the controversy over Ukraine. If Ukraine could have trading agreements individually with other countries rather than joining this trade bloc OR that one, it would be able to develop its democratic institutions more peacefully. The decision not to join or to join one or another trade group when members of the two trade groups are not getting along is a dangerous one as we see in Ukraine. And Ukraine has not even made a choice yet. It's just the idea of the Russians that Ukraine might choose Western Europe rather than Russia that is such a terribly unacceptable idea to the Russian government.
These huge trade agreements limit the rights and participation of individuals in the member countries.
And these limitations will increase as corporations test and expand their ability to bully countries with the trade courts.