North American Free Trade Agreement

Definition

NAFTA. 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.

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In class, we studied the North American Free Trade Agreement and I thought it was a bit boring, so I left and went home.

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ABC company was interested in trading their goods in toronto so they consulted with their accountants and attorneys to see how the North American Free Trade Agreement could work for them.

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The North American Free Trade Agreement was useful in improving relationships and rapport between the nations involved, mostly because it was a win win type of agreement.

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North Africa Peseta free trade