Economists are split on the economic benefits of the Trans-Pacific Partnership, the big trade agreement known as the TPP. A team of economists from Tufts University recently concluded that the trade deal would destroy jobs and worsen income inequality. Earlier this week, however, the Peterson Institute for International Economics, a Washington think tank, released what was probably the most in-depth analysis of the TPP’s impact to date. The institute, which is typically pro-trade, found that the deal would increase U.S. exports, raise incomes and boost the economy as a whole.
