North American Free Trade Agreement. See: FREE TRADE / .
Free trade area between Canada, Mexico, and the United States. A free trade agreement, implemented January 1, 1994, between Canada, the United States and Mexico. North American Free Trade Agreement, an economic treaty between Canada, the United States, and Mexico to lower tariffs and create a free trade environment. NAFTA was ratified by its member nations in 1994. North American Free Trade Agreement. A free trade agreement that comprises Canada, the US and Mexico, exceeding 360 million consumers and a combined output of $6 trillion--20 % larger than the European Community. agreement between the United States, Mexico, and Canada to gradually eliminate most barriers to trade and investment among these countries and to follow specified agreements to protect workers and the environment A free-trade agreement comprising Canada, Mexico, and the United States. NAFTA was approved by the United States House of Representatives in November 1993. NAFTA exceeds 360 million consumers, whose countries have a combined output of US$6 trillion. The North American Free Trade Area provides for freer movement of investments, goods and services between Canada, the USA and Mexico, but not of people. (MP) NAGASAKI: See ATOM BOMB. ... The North American Free Trade Agreement, which became law in 1993 when it was enacted by the United States, Canada, and Mexico. NAFTA's purpose, among other things, is to facilitate and increase trade among the three countries. Agreement that created an essentially free trade zone among Mexico, Canada, and the United States, in hopes of encouraging economic growth in all three nations; after difficult negotiations, went into effect January 1, 1994. (p. 937) A free trade area among the US, Canada, and Mexico signed in 1992. A trade agreement among the United States, Canada, and Mexico was championed by the Bush administration but opposed by those fearing the loss of manufacturing jobs to Mexico and the erosion of environmental safeguards. the North American Free Trade Agreement, a multilateral trade treaty signed by The US, Canada and Mexico in 1994. This was the first time in history that a free trade agreement was signed between a first world country (United States) and a third world country (Mexico). ... “NAFTA” has the meaning assigned to the word "Agreement" by subsection 2(1) of the North American Free Trade Agreement Implementation Act; An agreement implemented in 1994 committing Canada, the US, and Mexico to the elimination of all tariffs, quotas, and other trade barriers between them before 2009. Trade relations with other countries are unaffected by NAFTA. The North American Free Trade Agreement was formed in 1993 among Canada, Mexico, and the United States to create a common market. It will phase out duties on most goods and services and promote free movement of professionals, including accountants, among the three countries. ... North American Free Trade Agreement: an agreement for free trade between the United States and Canada and Mexico; became effective in 1994 for ten years
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