Current event assignment

This is a new Transpacific Partnership Agreement (TPP), considered the largest free trade pact currently underway, with the absence of the United States, it will form a block of 500 million people with an average per capita income of 28 thousand dollars and that It comprises 13 percent of the world economy.
In my opinion, this is a good thing for everyone speaking worldwide, because progress and economic growth are expected to reach everyone, as well as being a strong signal against protectionist pressures in favor of a world open to trade without unilateral sanctions and without the threat of commercial wars.
The CPTPP will take effect 60 days after it is ratified by six of the 11 member countries; The final approval must be delivered by the respective Congresses.