The Transatlantic Trade and Investment Partnership and the Trans-Pacific Partnership could add $600 billion a year to the world economy, with about $200 billion of that going to the U.S., according to The Economist. "And the actual gains could be even larger," the magazine notes. "The agreements would clear the way for freer trade in services, which account for most of rich countries' [gross domestic product] but only a small share of trade."

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