LOCAL LIABILITY IN INTERNATIONAL ECONOMIC LAW.

On February 4, 2016, the United States and eleven other countries signed the Trans-Pacific Partnership (“TPP”)—the most far-reaching free trade agreement since the World Trade Organization’s founding in 1995. Unlike most prior trade agreements, the TPP’s purported benefits do not come primarily from reductions in tariffs paid on goods at the border. Instead, they flow from assumptions that so-called non-tariff barriers— such as discrimination against foreign investors or service providers—will fall significantly under the TPP. [ABSTRACT FROM AUTHOR]