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6/28/20

[Answer] What was the significance of NAFTA?

Answer: b. It allowed freer trade opportunities for the United States Canada and Mexico




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What was the significance of NAFTA? Nafta | Definition of Nafta by Merriam-Webster History and Purpose of NAFTA - thebalance.com North American Free Trade Agreement | History Purpose ... North American Free Trade Agreement (NAFTA) Definition NAFTA is the largest free trade agreement in the world . It was signed by President Clinton and implemented in 1994. NAFTA was created for the United States Canada and Mexico in answer to trade competition posed by China and the EU. In 2018 NAFTA was renegotiated. Tue Mar 31 2020 · The North American Free Trade Agreement's purpose is to reduce trading costs increase business investment and help North America be more competitive in the global marketplace . The agreement is between Canada the United States and Mexico. The North American Free Trade Agreement (NAFTA) was inspired by the success of the European Economic Community (1957–93) in eliminating tariffs in order to stimulate trade among its members . Proponents argued that establishing a free-trade area in North America would bring prosperity through increased trade and production resulting in the creation of millions of well-paying jobs in all … The North American Free Trade Act (NAFTA) is a free trade deal between Canada Mexico and the U .S. which came into force in 1994. It gradually eliminated the vast majority of tariffs on products traded among the three nations in several ...


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