Australia Cautiously Welcomes the Trans-Pacific Partnership

Australia Cautiously Welcomes the Trans-Pacific Partnership
Australian Prime Minister Malcolm Turnbull arrives at the 10th East Asia Summit, Kuala Lumpur, Malaysia, Nov. 22, 2015 (AP photo by Lai Seng Sin).

Editor's note: This article is part of an ongoing WPR series on the Trans-Pacific Partnership and the potential impact on members' economies.

Since the Trans-Pacific Partnership, a trade deal between 12 Pacific Rim countries, was agreed to last month, many in Australia have expressed concern over its intellectual property provisions. In an email interview, Leon Berkelmans, the director of the international economy program at the Lowy Institute, discussed the potential impact of the TPP on Australia’s economy.

WPR: What economic benefits is Australia expected to see from its participation in the TPP?

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