Lecture 2

Question 1

What are the advantages and disadvantages arising from the TPPA for the Citizens of NZ?

Answer 1

Advantages:
Increased number of products and competition = lower prices
Increased variety of products = Greater citizen choice
Increased job availability (due to increased revenue) in businesses, transport and government (tax)

Disadvantages:
Comprised government interests/sovereignty

Question 2

What are the advantages and disadvantages arising from the TPPA for MNCs?

Answer 2

Advantages:
Markets

Disadvantages:
Bad publicity (future publicity) (reputation)

Question 3

What types of property rights are tobacco companies concerned with?

Answer 3

Intellectual property
especially Brand and value of the brand via keeping the rights to the brand
If you need to keep the value of the brand via government you employ lawyers to support you.

Question 4

Who controls what MNCs can do and how are they appointed?

Answer 4

MNC are elected by rich shareholders (not average citizens which )
MNCs are controlled very differently to how countries are controlled. Has implications of the how the legal systems and regulations are put in place to control (hence sovereignty issue)

Question 5

Why is the TPPA so controversial for NZ citizens?

Answer 5

Sovereignty risk

Due to foreign board members who can overrule/overpower democratic influence Is quite Untransparent

Question 6

Sovereignty risk

Due to foreign board members who can overrule/overpower democratic influence Is quite Untransparent

Answer 6

Control

risk sovereignty but has many benefits

Question 7

Control

risk sovereignty but has many benefits

Answer 7

the heterogeneity of MNCs and countries is too great to permit generalised conclusions that can be defended as accurate and enduring