North American Free Trade Agreement. A 1994 agreement reached by the United States, Canada, and Mexico that instituted a schedule for the phasing out of tariffs and eliminated a variety of fees and other hindrances to encourage free trade between the three North American countries.

Use NAFTA in a sentence

I studied NAFTA in school and I told him that it was really boring and I had no interest in it at all.

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You should familiarize yourself with the way nafta works if you are going to be doing any business within it.

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My business proposition will leverage NAFTA to manage the costs and turn around time of delivery and hence will have an edge to avail similar services from china.

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supranational trade bloc