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Trans-Pacific Partnership: Who Stands to Benefit and What Are the Main Concerns?

NEW YORK ( TheStreet) -- The New York Times has called the Trans-Pacific Partnership (TPP) the "largest regional trade accord in history," and it may well become a law, provided it addresses the concerns of Congress' free-trade skeptics. They believe that such trade agreements hurt the U.S. worker by making it easier for overseas manufacturers who pay lesser wages to expand their businesses. That hurts U.S. competitors and ultimately workers, who may see their jobs exported. But proponents say that these pacts expand markets for U.S. companies.

As is the case with many pieces of significant legislation, much of the Trans-Pacific Partnership is not well-understood.
Below is a primer on TPP.

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